Hello Everyone,
I need advice for how I can Record All Income & Expenses right way,
Here is my story: I just bought a 4-Plex under my personal name & right now tenten paying under my business name.
I want m...

Hello - the tenant broke the kitchen cabinet door (the door came off completely).  The cabinet was less than 3yrs old.  I initially paid for repair but the repair job was not good at all - this was a lazy Susan cabine...

I need to repair the flooring in one of my apartments, who generally pays for the furniture to be moved? They have some very heavy bookshelves and China cabinet in the room that needs repair. Is that generally conside...

If you calculated say 200 a month in repairs and you make no repairs that month. Do you count that as cash flow or put towards cap ex? What are people doing in that situation?

Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...

Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...

Hi all!My tenant put up a satellite dish on the roof without my permission just DAYS after I had just put up a new roof on the property. Of course this had to be bolted into the roof so when he leaves and takes the...

Hi BP Community,My Home Warranty policy is about to expire and I am wondering if I should renew it?What are your thoughts on it?My property is old, built in 1957, but so far the only issue that it had was the water he...

Hello BP family!  Quick question.  I recently got licensed and noticed that some agents are also offering credit repair services for their potential home buyers if needed.  Where is a good place to start on finding ou...

Here's my question......I just got a roommate. He pays $425 plus half the utilities. He rents 2 bedrooms from me and a garage space in my single family home (4 bed/ 2bath). My question is on the best tax strategy for ...