Stephen Chan
1st flr tenant clogged toilet, overflowed, and caused damage in basement floor & ceiling - how to quote a repair?
Hi all,(Apologies if this is posted in the wrong forum - not sure which section this belongs to!)As in the title, my 1st floor tenant recently clogged his toilet, causing it to overflow, and a good amount of water got...
Jake Thompson
Pay Off Debt or BRRRR?
Hey BP community, my wife and I are trying to make a decision about how to best deploy our savings. We have about $25,000 in liquid savings, which is enough for us to buy a single family BRRRR deal in our target marke...
Jonna Weber
Type of carpet for SFH Rentals
Experienced landlords: In the process of ordering replacement carpets for a couple of SFH's I'm purchasing to buy and hold. Getting so many conflicting opinions from carpet stores, installers and carpet cleaners on t...
Robert Richardson
SFH, duplex, or 3-unit? In Peoria, Illinois
Hello BP friends!My wife and I are new landlords. We bought a building in Peoria, Illinois about 1 year ago. It was listed as a small 3-unit building, but was zoned as a duplex so we had to move one tenant out. The...
Alex Hamilton
Replacing a Water Heater
I know people on BP in different markets will have different experiences than someone like me in Baton Rouge, Louisiana. But instead of doing it myself, which I have done many times. This time, I had a local plumbin...
James O'Leary
I could use some guidance.
I will try to make this as short and sweet as possible. A little background to help you understand my current position.I left my full time job about a year and a half ago to pursue a masters degree. I am currently enr...
Storm Grimwood
In over my head.. Lol
Hey guys, I'm looking at purchasing a new home, I have little to no experience rehabbing (Not really a handyman either, but I'm keen to learn). I've done a bit of painting and that's about it. Is it wise to purchase a...
John Warren
Strategy for raising rents
Hi everyone,I am finally going to be closing my first deal on a fourplex. The property is great, and it cash flows from day one, but the real reason I am excited about it is that all four units are rented significantl...
Pat Lione
Need ideas for refinishing deck on rental
Hello all,Dealing with nightmare Sec 8 tenant. We have tenant in a sf in the best neighborhood of the city on a dead end street.Sec 8 failed huge deck because of peeling paint. Tenant will not allow us in to use wa...
Cameron Skinner
Cost Segregation Accounting Change? timeframe
Has anyone ever done Cost Seg for a building placed in service years ago and applied for accounting change? If so did IRS approve? how long did it take?