I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...

This is my second rehabbed property, which was just completed today (and listed today).  So, the jury is still out on whether or not this can officially be considered a success story.  Let me know what you think.I pur...

Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...

Hi All,Here's my situation:  I'm currently under contract for my first property!  A duplex near uptown.  It needs some cosmetic updates, and I want to finish the attic and turn in into 2 more bedrooms.  My question to...

I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...

We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...

Over the past couple of months my partner and I have came very close to actually going through with a rehab. Well last night my realtor told me about a property that his family member was selling and was willing to en...

My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut.  I will be using this thread to post what we go through on a daily basis.  As soon as I can I will get some before pictu...

I see the day coming when you can't afford to manage a small portfolio of rental properties.The tough part for me has been getting maintenance done for little stuff. I have had so many handymen over the years, some li...

 This is a copy of an email I sent to a beginning real estate investor last week. It’s just some random thoughts on real estate investment based on my 35 years in the business.  During that time we have purchased over...