I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone,This is looking like my first deal. The cash flow is not great, but I think the equity an...
Two part question: 1. Is the plumbing company liable? 2. Should I find a new property manager?Situation: Renting out a 3 bd, 2 bath SFH in North Carolina. Around September the grinder pump for the septic failed, the h...
Looking for tips and tricks on quick shower and tub installations. I see a ton of advertising on “One day shower installations” but noticed that most renos are still done with inserts or large format tile, not with th...
I have a number of multifamily buildings that are 100+ years old and in the market where they're located I pay for the water. One three unit building is using $1,200 per quarter in water. I believe part of the issue i...
So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
Hello BP nation,@Brandon Turner, @Aaron Montague, @J ScottI wanted to take the time to update a few of you who have given me very good advice in the past, there are others whose names did not come up with the @symbol ...
I have a shower that is leaking when used to the basement downstairs. This is an old leak that I thought was taken care of and apparently is not. So plumber advised that I redo the shower floor. I want to do the job o...
Hey guys! Just bought my first property- great deal but it smells like cigarettes and dog. What’s your best tips for getting that stank out of the house?!
Seeking ideas and advice on how to improve indoor air quality. We have a cinderblock home built on a concrete slab from 1952. Have had IAQ tested twice and readings showed higher levels of Co2 (house was closed up pri...