slumlord is a pretty harsh term, however, let's say-Its a rough neighborhood (some spray paint and busted windows on various bldgs)-A bunch of 2-4plexes on the block-the living conditions of current tenants is bad (pa...

Hello! My friends/investors and I are looking to invest into some STR properties out of state. (Currently I live in Wisconsin) I own my own home and a condo that I rent out yearly in Milwaukee but want to expand into ...

Hello! When you are analyzing deals, how best can you estimate what the rehab costs would be for the property, especially if you are not local to the area and are judging mainly based off of the pictures?

Dear BP Community,I am reviewing an application for a potential tenant. this is a couple, not legally married, without kids.They are both in their early twenties (22), first time moving in together. They are willing t...

The first record I can find in my digitital footprint about BP was an email my wife sent to me with a blog post on here about short sales in 2009.  I think I may have come across the site here and there occasionally, ...

Hello everyone!!! So I’m sure I’m probably overthinking this, but does anyone notice a difference in response rates between sending “handwritten” letters, typed letters or post cards?I really want to do handwritten le...

Hello all, I think this will be kinda long, so I'm gonna try and give you a quick summary if you don't want to read it all:Current diesel mechanic, just turned 30, living in Austin, TX, looking for more lucrative care...

I'm on my second rental property, but I've always struggle with the background check. It seems that most of the bad applicants won't even fill out the one page background application and return it if they have a ba...

Currently in the process of getting a SFH ready to rent. This week we realized there were no land line connections in the home. The house underwent renovations prior to our purchase and neighbors have told us there wa...

I purchased a SFR property years ago and I financed it under my personal name. I then transferred the deed to my LLC. My CPA advised me to transfer it back to my name and not leave it in the LLC. His reason was that I...