I believe you do your own management and maintenance. How does that affect your expense ratio? Does that take it down to 40 or 35% on average??

Also, is there any maintenance/repairs/improvements that you never do yo...

Upon completion of a multifamily building renovation - do you usually sell the entire building, or refinance it to get the equity and hold it for the residual cash flow?As far as a business plan, I am struggling with ...

First of all, thanks to anyone who responds. This may sound weird but it's not a joke.I've lived most of my 56 years in the Amazon jungle (Brazil) helping my parents in missionary work. So I don't have or know about...

Hey BP,I purchased my first SFR back in March and got it rented out on April 1st. The tenants have been quiet so far but today they texted with their first issue:Water is slow to go down the shower. When the toilet is...

Hi seasoned landlords! I have a question for you guys - my tenant told me yesterday that even though the lease doesn't expire until the last day of April, he's signed a new lease somewhere else and is moving out by Ma...

I’m currently brrring a property for the first time. My first order of business is to replace the roof as insurance is requiring me to do it to maintain coverage. I went ahead and got 4 quotes, chose the guy who gave ...

Here is my situation. My conventional loan is 172,900 - it appraised for $190k and "off the record phone call from the appraiser to my broker" the appraiser mentioned that all the houses in the area are going f...

Hello,
A  long-term tenant just moved out and i have a clause in the lease that states that the tenant was not allowed to smoke inside the property however there are smoke stains on the ceilings and ceiling tiles thr...

Good morning,Still a newbie but I've found a four in my area that is "For Sale By Owner" that my initial underwriting, from the info I can find, shows it to be a property that would fit my CoC and CF criteria. I'm not...

Hi all, I have 3 tenants living in a house. One has moved out as of Friday, 5 days ago and has taken her key with her. The agreement is to leave the key in the house and let the landlord know. I have emailed her askin...