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Results (10,000+)
Stephen Neto New landlord and possible tenant situation already! Advice please
28 October 2018 | 47 replies
November 1st will be the test for me.
Rudy Curtler Get your SH*T together...a 12 step plan!
20 October 2018 | 3 replies
That was a test
Eric Telese Repair list for seller, need advice!
23 October 2018 | 2 replies
Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)
Tim G. $103k Profit / 249% ROI / 15 Month Sub 2 Hold n Sold
26 October 2018 | 4 replies
This created concerns on construction costs due to grading and soil testing.
Diana Johnson What is 1% Rule for Renting?
13 September 2018 | 2 replies
In summary, it is a quick and dirty test of a property's economic viability as a rental.  
Chris Jensen Buying Appliances on Facebook Marketplace: Gold Mine or Money Pit
13 September 2018 | 3 replies
But I've come to the conclusion that I'd rather save a LOT of hassle and stress and pay a bit more to buy from a used appliance store where the items are tested and come with some kind of return policy.So my question to my fellow rehabbers is this: how do you feel about FB marketplace, and what's your experience been... is it a gold mine or a money pit?
Jason Howell Property Management recommendations in San Francisco
17 September 2018 | 4 replies
I'm not entirely sure she'll go that route but she would like to talk to a few good property managers to test the waters.Anyone have any recommendations that you can share?
Jeremy Blackman How to manage receiving money from tenants ?
13 September 2018 | 3 replies
This gets harder if you have many units, but if you goal is to stay small or grow slowly, I don't think it matters how you accept payment as long as it is not time consuming for you, causes tenant payment issues, or causing problems with your bookkeeping.I test drove Cozy for the bookkeeping side. 
Drew Y. Stress testing your Real Estate Portfolio
7 October 2018 | 3 replies
That said I decided it might be a good time to Stress Test my real estate portfolio, before I went on another expansion/acquisition round in a new market.
Toben B. Is 24 units a decent size apartment complex?
19 December 2018 | 14 replies
Perhaps theres something you're not accounting for and he knows about and then discuss it with your manager.Maybe he knows its overpriced and he's testing your feasibility a bit, if you can explain why you're not interested at that price, he may know not to bring you overpriced deals anymore.Also, make sure you know how taxes are being reassessed for commercial properties, might be different than duplexes.