Paul Sandhu
Your semi useful or semi useless "Tip of the Day" for an STR
Post up any tips you have for managing your STRs. One a day. Here is mine for today: Whenever you have to take a clothes dryer apart to do something to the belt or motor or thermostat, take a look at the bottom pla...
Andrew Wu
Water Heater deduction when plumber purchased all parts?
Hi all,
This is my first post to this forum (I've been mostly a lurker)!
Apologies if this is the wrong sub-forum - please move if needed?
I own a small townhome in the SF Bay Area, in which I ren...
Victor Moreno
New investor need a few tips
Me and my father in law are going to a partnership in the flipping business we both are going to use a heloc loan one is going to pay for the property and the other is going to pay for the rehab , he is a carpenter a...
Dan Weyers
First rental property
Hi Everyone,We have made an offer that was accepted on a property that is a 4-plex. It has three 2b 1ba and one 1b 1ba. We are going to renovate one unit right away with new carpet, new paint, and a bathroom update. W...
Simone Koga
Self Managing STR at a distance
I'm in escrow on a property in Maui that we'll be using as a vacation rental. We were originally planning on going with a property manager at 20% just because of the ease. The more and more I think about it however,...
Roseann Koefoed
Outrageous Water Bills
I'm under contract to buy 32-units in the southwest suburbs of Chicago (by far my biggest purchase). This particular town is pulling water from an adjacent river and the resultant water bills are off the charts, almo...
Ross Stegall
Hot Water Radiator - Valve Replacement
Hey BP Community,I'm hoping replace some valves on old hot water radiators this summer once the system is drained. A little background:1) My condo was built in 1952, I don't know how old the radiators are but assume t...
Dawon Irvin
Easy Steps to Increase Energy Efficiency in Your Rental Home
Improving energy efficiency not only helps the environment but also puts money back in your pocket. Let's explore budget-friendly tips to make your rental more energy-efficient and sustainable for the long run.
1. Se...
Chris Mullenberg
Buying a meth house.
My partner and I are under contract to buy a contaminated meth house. Have 2 quotes for remediation. Believe we are getting in at a nice price for a strong upside on ARV. Planning to keep it as a rental after fix up. ...
Jimmy Lieu
How do I know if a repair would increase rental value?
How do I know if fixing a cosmetic issue or doing a specific rehab would increase the rental value of a property?For example, after I close a property, I will be fixing everything on the inspection list. However, insp...