Hey BP:  I'm a little foggy on the step by step process of performing a 1031 reverse exchange, and I'd appreciate some feedback.  Here's my situation:  My sister and I will be joint-venturing to purchase a commercial ...

Hi Fellow BP’s             I have struggled with the following question for the past two years  I’m I getting ripped off by my property manager. I purchased 6 rental properties a few states away three years ago and...

Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...

Hey BP!I just picked up my first rental property (Richmond, VA).  Since my experience to-date has been rehab only I'm fearful of overbuilding.  There are three items that I would appreciate the group's input:  (1) app...

I had an electrician address a problem with my hot water heater, he fixed the wiring, but referred me to a plumber to replace the heating element and thermostat. The plumber wants to replace the entire unit for $2,800...

I'd like to draw on the wisdom of other investors here and figure out what I'm most comfortable investing in at my experience level. I'm too inexperienced to have a solid grasp of what I'm getting into regardless of t...

I am currently making my own rental property calculator in excel, I was wondering how much should I budget for maintenance? Is their a rule of thumb, is it per square foot or something else.Thanks in advance for your ...

Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...

Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!One of the biggest challenges for everyo...

My main question relates to asking seller to complete or pay for repairs.I have a house under contract for $120k. It's a great location, most of the house is pretty nice (for the neighbor hood and price range). Howe...