I live in Washington State which is very tenant friendly.  I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...

We got a tenant application for a 2006 single family house with monthly rent $1425. The applicant has a nice credit score of 702 and monthly income of $5000. Based on tenantsearch check, he has no criminal history a...

I am closing on my first investment property a duplex in St Louis MO in about a month.  I am using a VA loan and I am required to live in on of the units. One unit is month to month and has been for 6 years, the other...

I am interested in hearing from the BP Audience what the Pros and Cons are for C Class Apartment Buildings.  I am looking to purchase one and this would be my first Apartment Building.  18 units.  The deal seems right...

Ok finally I can do this post

I wanted to tackle it before but i ran into some issues with getting the floor together.

Ok so you have a floor that is relatively in good condition but there are a couple of boards th...

There are several methods of screening applications at scale and avoiding the time-wasters. One of them is charging an application fee. While this can serve to filter out some non-serious applicants, it can also pre...

Hello,My last tenants asked if they could leave their washer and dryer and refrigerator in the house when they moved out.   I told them OK, since They are only 1 year old, and in perfect shape. They left the manuals a...

Nearly one year after we started pursuing real estate investment, my wife and I have purchased, rehabbed and successfully rented our first buy and hold property.Purchase price: 105KDown payment: 15,750Closing costs: 1...

I am creating a proforma to analyze deals. I am looking to buy my first property and need some advice on metrics.  Do you look for a certain cap rate?  Cash on cash return?  NOI?  Appreciation?  Also, do my numbers l...

Our onsite manager likes to earn extra money by cleaning vacant units and I'm fine with that. I was wondering if most cleaning jobs are paid for by the hour or the job. I am already paying him for 40 hours of manageme...