Frankie Felix
What to do when you have difficult inherited tenants?
I took over a multi family (24 units) back in December, problems started since day one.I posted notice to make payments to and my contact information. I got numerous complaints, saying I only gave them 5 day notice of...
Collin Hays
Did I get ripped off by my contractor?
So I hired a contractor to do an addition to a STR home that I have. In his price of $53,000, he broke down the various items and their costs.For example, he quoted 16 squares of shingles, materials and installation,...
Tiffany Brewer
Tenant Damages / Insurance Question (USAA)
My husband and I have one rental property in South Carolina - our previous home that we were unable to sell. We live in Tennessee, and it has been managed for the past 4 years by a neighbor/friend. The tenants (our ...
MarieChele Porter
Inspection findings questions
Hi all,
So I am in contract with a property that is a flipped property and was built in 1917. The home and pest inspection were done on Wednesday, and Friday the plumbing inspection was done. Only problem is that onl...
Paul D.
About to look at a property, what should I look for?
Hello BP! Been doing my research and finally putting the books down to go out and look at a property I have been scoping for the last year and notice a price drop within the last 6 months. The Property is located in...
Paul Lee
Denver, CO Triplex Deal Check Request
Hey BP members,
I need a quick sanity check on the math here just to make sure I'm not biting off more than I can chew. I'm currently under contract for a triplex, which I will be occupying one unit (2 BR, 1 BA) fo...
Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Josh Calcanis
3rd Deal with No (liquid) Cash Down
BP,This past Friday I closed on my 3rd deal since starting to invest in Sept of 2015. My first property was a SFH followed by a Triplex in Thorton Park Orlando. I recently took a break from the 9 to 5 sales role that ...
Felipe Soto
Best COC Returns? Multi or STR
Can someone with experience please tell me what gives the best COC returns? Multi family or Short term rentals? If you have real live examples, that would be fantastic!Felipe
Steven Mitchell
DIY-Most common items to fix as a landlord
What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. Steve