Hello BP commmunity! My family and I live in NELA (Highland Park/Eagle Rock) and have an illegal ADU in our backyard (studio, approx 400SQFT, bathroom, no kitchen). We don't now exactly when it was built but it's prob...
Purchased 4 plex June 2015. All units were rented but we had 2 open up at the end of July so we were able to dive in on renovations. Just finished our rehab of the first unit. Work done includes refinishing hardwood f...
I own a SFR out of state. My property manager has contacted me that a tenant complains that numerous rats and a lot of rats poops have been seen at garage.
The estimate for taking care of such problem came back with ...
There's not much to this post except I'm frustrated with a good deal going bad because a seller breached their contract and just wanted to vent a little. Earlier this week I put a house under contract. 2700sf 3/2.5 wi...
For me the bad mistakes cost the most money. And I am a contractor So I am going to go with a home we remodeled and the plumber rerouted one of the drains and never tied it into the main under the basement slab . So n...
Hey guys, so I found a 2-family home in southern NY about an hour and a half from NYC. The home is listed for 375,000 but I'm sure I can offer at least 25,000 less and succeed.. I got most of the details needed to eva...
Hello BP,I know in today's market pre-foreclosure niche is waaaay saturated (Bay Area Market). I've heard from a podcast somewhere that an owner in pre-foreclosure had over 30 letters from investors in ONE WEEK. I'm l...
I've always filed my own taxes, with TurboTax. Given the simplicity of my income sources and lack of deductions, this was an easy and less expensive way to handle it. I now have 2 investment properties that I purcha...
What do most do in terms of keeping rental business out of personal finances? My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through th...
Okay, I thought it was maybe in my mind. But, I've tried accessing BP with different browsers, and when my computer was cold and fresh, and it's just slowwww! I thought it was because I had too much stuff opened at ...