Hi everybody! I have an issue that I need help figuring out how to address. I have an apartment that’s attached to my house and I’m renting it out to two tenants (a brother and sister). They’re pretty good tenants ove...

Good afternoon fellow BPers,My wife and I have been thinking of moving back to the midwest (St. Louis region to be specific) and I was hoping to hear from some experienced St. Louis investors, brokers, lenders or any ...

I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex.  I swear when I asked some investors their expenses they acted like they had amnesia.   Since I have over a yea...

I've been thinking about this for quite some time. It seems like renting from yourself (or through an entity you own) would be a great way to reduce expenses/taxes overall. Renting from yourself would have a few of ad...

I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...

I put a REO SFR house under contract in Cape Coral earlier this week. Today I had a professional home inspector come do a thorough check. He found several areas where water has been seeping in the house for some ti...

I am in the market for long term buy and hold rental properties. I have the cash to acquire a couple of units but would rather use that cash as a down payment in an owner financing scenario. I do not believe that I am...

Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...

Have any of you installed a gas fireplace and had a tv on the same wall above it? I see it done on Houzz, and in magazines all the time, however; how practical is it? Is the TV too high?  Is there too much heat off th...

What a fun time of year! Especially when you're a BYU fan like me. # 1 scorer in div 1. Arguably a # 1 seed. Currently # 3-5 in Polls and #1 in total RPI later today!!! This for a team that has won ONE game previously...