Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?

There is a foreclosure that I have been looking at purchasing. They have it listed for $32,000. Repaired and updated it’s probably worth about $60000 - $65,000. I made offers at $25,000 and $27,000 but the realtor han...

Based on comps look like it is valued between 450-480K.I’m getting it for 355K but it needs roughly about 15-35K in work (15K on the low end, 35K on the high end if I fix the optional stuff and it costs more than esti...

I found a property - its a small duplex.It is two - 2 bedroom apartments1st unit - paying $1,500 month2nd unit - paying $1,300 month (not paying rent currently)Total income $2,800Tenants pay all of their own utilities...

Hello everyone,I'm negotiating a sale contract with seller, they asked to deliver keys 3 days after closing, all items will be removed by then. Is there any risk to me if I agree?  Appreciate your input very much!

My wife and I are using our guest studio as an AirBnb right now and I would love some feedback.  The listing is linked below so you can check it out.  I would love to hear about the posting itself, the pictures, the a...

Hi everyone, I recently joined the BP community. First, I'd just like to introduce myself. I'm a fairly new investor in the Jersey City area. I bought my first multi-family in 2015 which I currently owner-occupy.  We ...

Hey BP!

I recently got an FHA loan quote from a lender and the total cost down was a lot higher than I anticipated.

Here's some of the numbers

$140k property
3.5% down
Mortgage $980~/mo
Total money down $9,800~...

I just learned that the property management company I am using is charging me a higher price for work invoices than they are being charged.  This "upcharge" is mentioned in the contract, it was never disclosed, and it...

Hello Folks: I am trying to make a checklist in which I want to include almost all the points to be considered in buying a Multifamily or an Apartment complex of 40 or more units. This checklist can anyone use to quic...