Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...

We flipped a house into a beautiful rental... rented it in 1 day with 50 inquiries... only problem is I still smell cat pee and tenant moves in next week.
... we pulled up all carpet, painted floors, and re-floored wi...

I recently purchased a duplex, a inherited a tenant. In his current lease it stats that he is not allowed to smoke in the building. But during my inspection and walking of the place prior to close I can smell the stro...

I hate surprises.I have always been told, get to 80% loan to value and you can remove your PMI. I'm there.I call my mortgage servicer and say I'd like to remove my PMI and they say nope! Got to be at 75% LTV! What!? I...

My tenant has a boat in the yard. This is a single family residence. It has a smallish driveway (1.5 cars deep) and smallish yard. The boat (which is not covered) is at the far back of the driveway but since the yard ...

What can a buy&hold guy do to shave an extra $100 off monthly expenses without taking on additional work for himself? Tips I've gathered so far are a combination of the following: challenge property taxes, shop fo...

Hey BP,

So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...

We are closing on a hoarder house within the next week or two and are looking for recommendations on how to handle all of the "junk". At first glance, there seems to a decent amount of value in several of the items.....

I am adding a bathroom and laundry room back to back and made the mistake of being influenced into not pulling a permit. I have only framed the walls, run pex and waste water piping(pier and beam) and now having cold ...

We have 100% equity in a SFH rehab project not quite ready for conventional financing that should appraise for ~$285k in a few months and rent for ~$2000, but I'm cash-poor. Want to refi this property for $93k for the...