Hello all,I just closed on my first property (single-family home) in Milwaukee, Wisconsin, and I will be managing the property myself. The tenant has lived there for five years and has been very reliable. The least ap...

Hi Everyone, I am currently on my first short term rental/ investment property. My wife and I are doing our own renovations. I am looking for an accounting software to help me track my expenses. Home Depot, hardware s...

Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...

Hey BP,Been working with MI/REI Nation as the general bp consensus seems to be that they are a reputable and well managed/respected turnkey provider. I’m looking at some pro formas they’ve provided and running my own ...

Hi all,Me and my friend just bought a house upstate New York for a STR. We want to get it online but last pending piece is tax information. Airbnb only allows one listing host and other person has to be co-host. It se...

In a book I'm reading, and example was given thus...

"If the current market for a type or property required a 9% return on the capital invested..."

My question is how does one determine the current market "required"...

For all you number crunchers and RE investment pros, analize this: (Hey, isn't that a movie with Robert D!)

Commercial unit (Retail Strip/Office) Street facing
4500 square feet. 2 units
Market rents: $16 per square a...

Hi All,I am a newbie to BP, and this is my first post. I am currently renting a property I own. It was my primary home for 10 years, and instead of selling it at a loss, my husband and I figured, lets rent it until it...

I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood.  I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...

Purchase price 180k, closing costs about 6k, initial repairs roughly 5k (based on review by my property manager/inspection)Annual income total 39,300 Tenants pay own utilities, roof is about 6 years old, newer boilers...