Tae C.
Urban Area, deciding on exterior siding - input appreciated!
Hello all,Currently working on a flip, remotely, and just now realizing after my recent visit to the property that the current vinyl siding has all sorts of chips and bowing out on it that wasn’t really addressed in t...
Racheal Stoyk
Maximizing Cash Flow
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...
Joseph Ortiz
Local PNC Insurance....How much do we actually need?
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...
Steve J.
Maintenance Budget Question
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...
Brian Kempler
Starting with PI how can I determine TI?
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...
Mike Rabb
Old West End Toledo Curious
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?
Dustin Beam
Help this new owner (me) decide on parking and flooring
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 ...
Franklin Thomas
I am a landlord who rents out a garage.
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...
Arthur R. van der Vant
Cost-effective renovation projects for a rental property
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...
Usman S.
Structural Inspections - Evanston/Chicago
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...