The recent 1000 year flood we had in SC last month has sent 1 or 2 inches of water flowing through my sons garage.   The garage originally had wood paneling, and it shows that it has been flooded at some time in the p...

Hi,I'm in need of some advice. Not sure I should payoff my car or buy an investment property.Here are some details.Car loan: $12000, 4.75%, 52 months, $240/month$45K in savings. I own my home free and clear. The car l...

Hi I'm a small time landlord and been reading BP for while.  I just have a 4-plex little apartment in the Miami dade areaI've read a lot of mold posts and I'm not sure what to do with my personal issue with the tenant...

We replaced a hot water heater that stopped working for our tenant.  The cost of tank and labor amounted to $800.  From the research I did, it's pretty clear it has to be depreciated over 27.5 years as structural impr...

About 6 years ago I got sick and lost my job, and had to quit school. In this time, I racked up a lot of debt which I was not able to pay off. These debts are about to fall off of my credit report.My question is, shou...

I'm considering a 2-flat at Wrightwood and Kostner in Hermosa to house hack. I'm seeing mixed information on the safety of the area. Is anyone familiar? Would you feel comfortable living here?

While I've heard people discuss projecting the cost of replacing certain systems over time for rental properties, I haven't so far seen an actual calculator for that purpose.  Here's one I just put together in Google ...

Hey all-I am looking at purchasing a SFH as a rental property. The current owner leases the property to a corrections company that works with early-release criminals and helps integrates them back into society. It is ...

A friend of mine is selling their personal residence.  They know I have a rental and asked me if I was interested.  The property would make a decent single family rental.  Not spectacular, but it shouldn't be hard to ...

Hey BPJust one my first auction property. Yes...I did insure it right away =)So What belongs to me?...outside of the house itself.Their is a small 16ft boat a 2000 model malibu with decent exterior (dont know if it ru...