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11 April 2022 | 27 replies
I don’t have time to show them 7363663 different tiles..I won’t wait around waiting for people to go strap 2x4’s on top of their Toyota Corolla or get 20 sheets of drywall in their wife’s minivan. you want to buy paint?
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20 April 2022 | 3 replies
Saying he's strapped for cash is an understatement.
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17 February 2022 | 94 replies
@Matt Lyons Hi mat I definitely thank you for your insight it was very informative as I seek more wisdom I say is great having too hear from the person that has taken the journey
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29 May 2021 | 2 replies
@Khaled El Dorry I would *highly* recommend that you check out Mark Kohler, Mat Sorensen and KKOS lawyer on Youtube or even give them a call.
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6 June 2021 | 0 replies
If our plan works- This project should be worth at least $8.5 M. at
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6 June 2021 | 0 replies
If our plan works- This project should be worth at least $8.5 M. at
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9 June 2021 | 6 replies
VA and USDA are tough cookies when it comes to distressed homes.Next, we have a BP monthly meetup here locally that @Mat O'Grady heads that will get you in touch with all sorts of great resources.
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17 January 2022 | 11 replies
We tried to boot strap the rehab costs instead of using hard money and ended up taking way too long to get it done (a pandemic and a civil rights riot did not help the timeline but no excuses!).
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23 June 2021 | 13 replies
@Mat O'Grady Hey, I’m on the New Haven and East Haven boarder line.
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4 July 2021 | 6 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!