So, I am looking at getting my first rental property. I decided to go in Jacksonville, FL.I understand adding insurance and everything into my figures, but what about unexpectd costs? It is a duplex, but only one side...

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This post is for a close friend of mine who has been having to deal with this issue for more than a year and asked me for guidance. I'm hoping that I can get some advice from the forums. So my friend owns a top floor ...

Good Morning All,Need some advice please.A good friend and I are buying a rental property at $165K and structuring it as follows:- Formed an LLC in the state - both are 50% owners- I am contributing the down payment $...

Is it a straight yes, we should always have landlord insurance, or there is another basis depending on the equity/geographics/law that makes a landlord choose whether to have it and reduce their cash flow or leave it ...

Hello again BP Fam, I am trying to decide the proper nest egg for a condo I have in Delaware. I was wondering what yall keep in the savings account for your properties and how you determine it from property to propert...

I am about to close on my first 2 duplexes this month. In my analysis I budget for vacancy and capital expenses (which I believe most of you are doing) and it comes to about $10k annually for each property.My question...

Real Estate has been something that I have studied extensively for the last 5 years. I have devoted myself to countless hours (4 hours minimum - daily) to build up my real estate competency, so I could minimize loses ...

I'm looking to purchase another home in the next year and want to turn my current home into a rental. What are some of items that I need to do for that? I want to put it into a LLC and I can set up the LLC but I wasn'...

It seems easy to park money in a checking account for property reserves, but that feels inefficient.Where do you keep your rental property reserves?