Theoreticly would it be a bad move to take a basement living area and convert it to a bedroom? the homme in question has 4 bedrooms and 2 living rooms.My plan is to add a door and a closet. makint it a 5 bedroom home....

Im currently looking for an investment property , but that may take me 3-12 months before finding and finalizing it. Im also looking to lease solar panels for my resident home. Has anyone had solar panel lease negativ...

To those of you that are using Deal Machine to find off-market deals, what are your response rates and conversion rates? If I want to close 6 deals a year many houses should I be mailing to in Deal Machine? Right now ...

We started requiring our tenants to have renters insurance a couple years back, and I'm so glad we did. We already had one situation come up where our renter plugged the kitchen sink with the faucet running, stepped a...

I have 2 rental properties that have been rented by the same tenants for over 2 years.  One set of tenants have been there for 33 months the other home/tenants for 28 months.  I want to sell these two homes and I am t...

Good morning amazing people of BP!
I understand that there are a lot of negatives associated with investing in condos. You gotta play by HOA rules, you have to deal with special assessments, there might be limits to ...

I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity an...

I don't post much if at all here on this forum but here goes. Myself and my sister want to set up an LLC where we are in it 50/50. Starting out, I'm sure we are going to have to look at owner financed deals or simpl...

I bought several properties at tax sale in 2022 and I'm doing my taxes now. The properties are unlivable and have not been rented and are not offered for rent. They are just sitting.  I do have costs incurred maintain...

I am a new landlord about to have my first lease signed. I'm wondering about listing rent in my lease agreement. We have agreed on $1400 plus $20 x 2 for their two pets so $1440 total. In the agreement do I state that...