Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...

I have my dad’s house (he passed 2 years ago) and am wanting to rehab it & rent it.  My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.  A full interior rehab will b...

Hey guys,I found a semi detached property going for 90,000. The expected rent is 950 for a 2 bedroom apartment and from what I see, 1200 for a 2 bedroom semi. Vacancy sits around 3% in the city.The exterior looks like...

Hello BP crew!About to jump in my first deal, I like the numbers and the rent potential several PMs have given me. It's 3 unit, 1 occupied 2 unoccupied, in which the seller needs to approve of an offer before I get to...

Well, I’ve had my first taste of a scam being run on my (1st ) rental. Our agent put it on the market in mid-February 2011 and we signed a rental agreement with tenants just last week. Apparently, someone has been...

I have an old Milwaukee house built in 1929. A such, the house was
built with the old clay drain tiles and palmer valve system. There is
seepage into the basement during seasonal downpours. A drain tile test
w...

Hello BP community!I have been in my education phase for around 4 to 6 months and am an obsessive learner.  I want to transition to the next phase, which would be to put my boots on the ground.  I initially talked to ...

My husband and I are soon to be the proud owners of the ugliest multi-family property ever! It is an 8 plex. We own another 6 plex in the area that is in much better shape. The rental market is strong and we know w...

Below are photos of our latest speculative development deal.  This was a parcel I purchased for 250k in Charlotte, North Carolina.  I was able to subdivide into 2 separate lots (one of which further approved to have a...

Thank you for taking the the time to read and provide any feedback in advance. 
The house is about 1200 sq ft with a big wall/closet in the middle (see picture attached). The floors are nice so I don’t see the need t...