
10 July 2024 | 50 replies
but long term.. the only one making money here is the guy selling the so called system

6 July 2024 | 10 replies
Maybe the contractors on the forums can reply if that can be fixed versus replaced.

8 July 2024 | 15 replies
Sign up for the BP Property Management lead system:)

5 July 2024 | 12 replies
Perhaps it is different when it comes to commercial real estate versus residential, but if you are going to renovate a SFH or even a MFH, you wouldn’t pay more for it because you plan to improve it - if anything you pay less?

6 July 2024 | 24 replies
Our PMC doesn't care what the reason is for a tenant being late, our systems send an eviction notice for nonpayment of rent to "start the clock" and get tenants to communicate & cooperate.We've found that if we don't start the clock, so there's a deadline for tenants, tenants just use excuses to buy themselves more time, at the expense of the owner.Desperate people say & do desperate things!

6 July 2024 | 21 replies
Same for the foundation, roof, electrical and plumbing systems.

5 July 2024 | 8 replies
I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.

5 July 2024 | 7 replies
You could also have a window AC unit on hand, that you can place in the unit until the AC Tech gets the main air conditioning system repaired.

4 July 2024 | 12 replies
This step must be done carefully to avoid further damage.Structural Repairs: Address any structural damage first, including the roof, walls, and foundation.Systems Repair: Repair or replace electrical, plumbing, and HVAC systems as needed.Interior Restoration: Once the structural and system repairs are complete, focus on restoring the interior, including insulation, drywall, flooring, and fixtures.Safety and Health Concerns:Air Quality: Ensure proper ventilation and air quality during and after the restoration process to remove smoke odors and contaminants.Mold Remediation: Check for and address any mold growth, which can be a common issue in fire-damaged properties due to water used in firefighting.Final Inspections:City Inspections: Coordinate with the city for final inspections to ensure that the property is safe and habitable.Fire Department Clearance: Obtain clearance from the Fire Department confirming that the property is safe to occupy.I hope this helps, best of luck!

6 July 2024 | 11 replies
With this support system in place, you'll be well-positioned to tackle a flip down the line.