Lets share some thoughts and ideas to maximize cash flow! Looking for suggestions of all kinds. What are you doing to squeeze the most profit possible with your rental properties? What are you doing to keep your expen...
Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
Hello BP!I’m a newbie, I purchased a home warranty for my rental, I got the everything plan! Prior to this, I was allocating 10% for capital expenditures every month, and 5% for regular house maintenance. Given that I...
Scenario is that you're trying to calculate a potential buyer's monthly payment to you at various interest rates. Easy enough to derive PI from that, but how do you find TI (taxes, insurance)? - My theory of taxes for...
Hello-I'm looking at a property in the Old West End. I hear horror stories from some and others say there are some really nice parts. Any advice?
Hello beautiful people of BP,I've recently acquired property and would like some advice on people with more experience.Item 1: FlooringThe property I have has an upper level and obviously a lower level. My intentions ...
I rent a garage out. In the garage there is a vehicle lift which as of late is now broken. I feel it is due to lack of maintenance on the tenants part. There is a clause in our rental agreement which states maintenanc...
One of my most frequently asked questions is 🤔 "What are the most cost-effective renovation projects for rental properties?" It's a great question, and one that's important for any property owner or manager to conside...
I am in the process of buying a triplex in Evanston which was built in 1887. I had a structural engineer inspect the property (no report) as step1 and he did not condemn it. I am thinking of going ahead to request a d...
I’m getting my home renovated and we’re now on the windows and door installation stage. As I have always had a flair for antique collectibles and memorabilia, I love the current windows that we have whereas DH wants t...