Kenny Bao
20 year old and looking to learn about real estate investing
28 October 2024 | 2 replies
My idea is to offer my skills, such as social media management, painting, or assisting with various menial tasks, in exchange for the opportunity to learn the trade.
Elias Camhi
Managing properties older than 1978? The EPA is requiring Lead certification.
28 October 2024 | 3 replies
If you manage homes built before 1978, there's a key regulation to be aware of: the Environmental Protection Agency (EPA) requires property managers and Landlords Nationwide to be certified in lead-based paint handling.
Jesse Dominguez-Castelan
Hello BP community, I’m excited to have joined and wanted to introduce myself!
28 October 2024 | 4 replies
I really liked finding the probate houses there, which often have great structure and outdated paint/carpet.
Anne Christensen
Our Why and the Best Strategy to Acheive Our Retirement Goals
29 October 2024 | 11 replies
if we could all go out and buy any old property and paint it and make a quick 50K, we would.
Deborah R.
Repair Roof or just Wait for a Storm?
30 October 2024 | 12 replies
My vote is to repair, repair, repair.Water damage can lead to significant problems, from blistering / peeling paint to ceilings collapsing and electrical shorts.
Steve Tse
Tenant Rent Increase
2 November 2024 | 20 replies
I don't aggressively increase rents if a tenant's current rent is within the turn cost / 12.For example, if you need to replace flooring, paint, and fix up a few things... your turn cost might be $5-7k
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
1 November 2024 | 17 replies
I always go in with a simple offer of this is the rent, and we are also comfortable giving you a (insert something you need to do anyways like a basic, white paint job or a new appliance).This is one of the most uncomfortable parts of the business though, and the quicker you get over being able to have these conversations, the quicker you will be successful in this business.
Miguelli Fernandez
Seller needs two weeks after closing to move out
31 October 2024 | 23 replies
How do you know 60k reno is really the price it should be, 60K is a MASSIVE job, Roof, 5- 8k, assuming, 25- 30 sq, Furnace $1700k, HW 1300, Spackle Paint, 3kish.
Kerron Hendrickson
New to the Investment world
30 October 2024 | 16 replies
It’s a small single family three bedroom one bathroom unit, I bought it for cheap and plan on renting on the higher scale by making minor improvements such as flooring, fresh paints and of course new kitchen and bathroom
David Stone
Our forth investment: the Aberdeen house
24 October 2024 | 1 reply
The exterior was painted when we bought it, we refinished the floors, added carpet, new paint inside, refinished the kitchen cabinets, replaced a couple windows and did some minor plumbing work inside (along with getting rid of TONS of junk throughout the inside and outside of the home!)