MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...

So, I have been evaluating and conducting research on most costly turnover expenses, I have a few that have made my top (5) list. I am curios to hear from other BP Members, what there most costly expenses are for tena...

I have sent 2 notices to my tenant to cease habitual late payment. Both were certified and both were refused and returned to me in the mail. What should I do? Did these 2 notices count? I also posted it on the door...

I recently had a mold investigator take air samples from some bedrooms a tenant was complaining about.  The results showed that there was an elevated presence of allergenic molds. No black molds.  The levels that were...

Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...

Hi,I purchased a six-unit apartment and transformed it into a six-unit STR. It's a beautiful property with a pool, picnic benches, and grill stations,  on 1/2 acre in a great part of town.The appraisal shows that with...

HELOC Application - Boarder vs. Rental Income: Unable to qualify for higher Equity credit lineI initially requested a set amount on my HELOC application but lender has capped it at $30K less than requested based on d...

Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?

what is the advantage and disadvantage of metal roof in Ohio?

Hi everyone,I am currently doing due diligence on a MF property and have come across several leases that do not match the rent roll.  All of the leases that do not match are all on month to month at this point.  The s...