Hi everyone:My wife and I are under contract on a Homesteps foreclosure property – it’s a triplex in the Tri-Taylor neighborhood in Chicago (average cap rate about 5.8% we think). There are city violations and a lot o...

Hi everyone,I closed last Friday on my first rental thanks to all of the help I received here. First I wanted to say thank you to everyone for making this process much less stressful than it could have been. I also wa...

So, I have about 400 - 500 sq. feet of roofing that needs replaced at a rental. Some of it is asphalt and some is shingle. There are about four different sections...three of them are porch roofs and one is just a very...

So I'm about to start rehabbing this house, and in my opinion adding a cornice all around would make the house not look as boxy and add character for little money. Maybe even add siding. My contractor is trying to tal...

I just closed on a newly built 6 unit multi-family apartment. Everything was built and installed 2 years ago and is immaculate condition. Now here in lies the problem. The HVAC systems are all high-efficiency  and nee...

Hello BP,I need advice.. Received an email form my property manager explaining that my tenants dryer stopped working and that they called a maintenance company to look at the dryer ventilation and discovered it to be ...

Hello, we have an attic apartment with the current set up. Inspector say we need to add a range hood over the stove. Any suggestions how? Note: sink is the to the left of the stoves current location.  The stove is e...

Hello BP,I am looking at houses in Salem Oregon and all the houses in my price range have a fireplace. These are smaller 2 or 3 bedroom houses, so the fireplace takes up a huge chunk of area in the living room and mak...

We're working on our first project, a SFH flip in Houston, TX. Our contractor presented us with a price list tallying the work he's done so far. The two largest items being replacing some windows and reframing the roo...

What are the 'economy of scale' benefits of properties with multiple units? If one self manages I can see time savings due to not having to travel to multiple locations. But on the other hand, as there are fewer multi...