Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

146
Posts
63
Votes
Kimberly H.
  • Baltimore, MD
63
Votes |
146
Posts

My deal closed, but the headaches just started!!

Kimberly H.
  • Baltimore, MD
Posted

It’s a fun learning process, but man oh man!  You better have some cushion for expenses... Remember me!  The one that got her copper pipes yanked out a day before closing.  Well, the plumbing is done ($1500), remember it was an oil furnace (more copper), well the oil was converted to gas $3,500 w/labor and units Sep. metered. None of this was planned for. 

On the bright side..... I just posted the rental and I might have done it prematurely, because I'm getting hits like crazy and the contractor is still doing lead abatement. I should have the property ready in 2 weeks to view. So, that's what I'm telling potential renters.

Putting the cart before the horse I guess. I'm learning sooooo much and thankfully I had a cushion of cash because I would be stuck on stupid right now.

Oh two great stores I learned about in the Baltimore area:  2nd change and loading dock.  You can really get some good used stuff and a decent price.

Sorry to ramble... numbers, numbers, do the dang numbers! Not sure how I'm going to get to the next deal. I can't refinance this duplex for 3 years and I'm close to FMV.

Loading replies...