I'm working on a deal and a quote from one of my contractors has a project management fee included in there. In the BP community's experience, is that a standard line item for most contractors? I've seen budgets with ...

I am interested in a property that was owned by an elderly woman who died. She has children and grand children. The property was recently listed with a real estate agent. I walked the property and it is neglected, ove...

What if your tenant new boyfriend is a felon?

Hi all,To Maine landlords property managers and anyone else who may have an opinion- I would love to hear yours! I am about to buy a duplex, counter offer is in- the problem is the numbers don't work until after the r...

Yesterday my offer on my first investment house was accepted. That morning I received a pre-approval for a loan at 4.79% for a little more than I am paying for the house. Today I got the mortgage application papers to...

Well, I recently bought a house through a short sale for $110k, put 12k into it and just got an appraisal on the property for 164K. This is my first home and I'm really just sitting around grinning from ear to ear as ...

Hi BP community,I recently closed on my first investment property and am deciding on the optimal exit strategy; cash out refi/rental or to flip it. I used a HomeStyle renovation loan so it would be easy to keep as a r...

Hi All
As a Landlord are you required to fix all repairs immediately? For example, I just had a tenant complain about one of the stove burners not lighting due to a faulty ignitor. They can still use the burner it ju...

Hello, I am reaching out for advice with an extremely challenging tenant. This person has been our tenant for 3 years now. We inherited the tenant when we bought a 4-plex, this person has always been combative and thr...

I live in Dallas and just retired from a stressful job as a business owner with 30+ employees. I don't want to retire completely but I want an easier life and so have been thinking about buying a bed and breakfast wit...