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How does everyone handle cleaning the bedding during turnovers? Does your cleaning service stay at your units long enough to wash/dry the comforters before making the beds or do you have a second set that can be put ...
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I would like to sell a couple properties in the future, would I be able to use the 1031 strategy to buy one house that I would use as a primary residence? Would I be able to sell 10 houses in a package and use that to...
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This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. Maintenance costs are a huge factor in the profitability, or not of any investment property. A little backgr...
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Hey BP Community,I was wondering if anybody knows the rehab costs per SQF in Washington, DC? I'm aware that there is no exact formula but maybe some who did that in DC can probably tell me the estimate.
Thanks for th...
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Recently closed on an older property that needs some updating. The AC is old, but I’m planning on holding off on replacing it. Meanwhile, I have been getting a number of ads for home warranties. I don’t generally buy ...
Many people invest for appreciation. Others invest for tax benefits. But some investors want enough monthly cash flow to replace their W2 income and help them quit their nine-to-five jobs. When can you go full-time wi...
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Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
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Dear Amazing BP Colleagues,Wondering is the minimum bid that would get accepted on to be owner occupied HUD property?I am planning to buy my first home and we found a good home which does need some rehab. It is alread...
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The house was a primary residence, then a rental, and now I'm living in it again for now. The roof needs to be replaced. If I replace it now while living in the house, can I begin depreciating the remaining life of th...
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Whether you've done one deal or a thousand, chances are you've learned something new. Some of that learning is just getting up to speed on investor basics, but other bits of knowledge may be less well known or obvious...