Some of the posts I find most interesting on BP are screening questions. One of the reasons they are interesting is that the landlord posting the question is often too close to the issue and does not see problems whil...
Hi everybody. I'd like to get some feedback on this spreadsheet. I've been wanting a way to walk through a property and "check off" all the items I'd need for the rehab. So, I combined a couple of J Scott's awesom...
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
We own a 3 unit building in Chicago. Do we need to keep security deposits in a separate bank account? Any information I see on the matter only references larger properties. Just wondering if there are any rules smalle...
I am planning to become a certified Home Inspector so that 1) I can make better decisions when purchasing a rental property or flip home and 2) to possibly create a way to have a second income. Does anybody have any s...
I had begun talking about my PM on the other thread, but felt this needed a separate thread/discussion.
My question is, how do you guys choose you're PM? What services do you look for?
When I chose mine, I had cal...
hey guys my contractor is almost done with the renovations. I am going to walk through the home and make sure he has done everything I have asked and that it looks good. is their any other step i need to take before i...
I just replaced a refrigerator in my rental last year. The cost of the fridge was more than the $2500 ( $2499 + tax + shipping). Assuming that it is the only expense I have for my rental, can I expense the cost of t...
Today is 6/26/15 just an fyi and I live in AZ. I have a tenant whose lease was to end on 6/30/15. On 3/22/15 I get an email from my renter that he has left the key on the desk and was moving out as he bought a house. ...
Hi,
It's been ~4 months since my wife and I started our real estate journey. After scouring the MLS every day, checking out properties every weekend and 2 accepted offers that fell apart during inspection, we finally...