Smoke detectors – Use actual smoke to test the sensor. By spraying smoke into the alarm, you get a true indication if the alarm works. The “test battery” button only test the battery. The sensor is just as important. ...
I am brand new to BiggerPockets and trying to soak up as much knowledge as I can here. I've found everything and everyone to be extremely helpful and full of beneficial information. Any specific advice or conversation...
We are about to close on a duplex with rents which are under market. Current tenants pay $750. If we did nothing to the property we could rent it for $900. If I did a bit of updating, I could rent the units for at ...
Hello all,Im a long time follower, but first time poster. I need your advice on an investment rental property Im looking at. Here is what is going on:We are considering a condo purchase, after the contract we have fou...
I have a bookkeeper using QuickBooks for me for our 7 single family homes. I find it difficult to understand and hard to track true cash flow numbers. Does anyone have any recommendations? Does your bookkeeper easil...
So I have 3 properties under my name. My primary residence and two investment homes. The two investment homes are worth around $350k and 250k. Is it recommended to get an LLC for two properties?
What is the average c...
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Hi fellow BP'ers,So I recently acquired my first multi-family and inherited a problem tenant (a story for another time) who planned on moving out in January which she already moved out as of January 1 with no notice. ...
Had a guest inquire about staying at our home. They have local friends in the area and asked if they can see the house before booking. No reviews or cover photo. Wants to stay six days. Gut tells me this sounds a litt...
What are your thoughts on properties with mold?
If the deal is good enough is it worth dealing with it?