David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
Don't split the work between multiple contractors if possible, finding one to do all or most of the work will keep prices down.Challenges were finding replacement pieces for certain items as manufactured homes were very different than stick built as well as going through state guidelines for affixing the house to the land Hey @David Jesperson, welcome to the BP Forum and congrats on completing your first solo deal AND making a nice profit!
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Sounds crazy, but these things do happen.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
At the higher PV, you have $5k more in PV and equity).Your CF is around $20k/year, which sounds great, except when you introduce the equity into the discussion.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
I would like to know more about ways to use OPM The only way to determine if the home is going to cost you a lot down the road is by determining the age of the mechanical systems & if the structure of the home is sound.
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
The AC is old, but I’m planning on holding off on replacing it.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
What you're posting about does not sound out of the ordinary at all.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
I'd personally say pulling your water heater out and replacing with a wall mount on demand one, would be worth the cost to have in unit washer dryer if you are staying there or renting it, it would be worth it.its always worth doing the big stuff well and correct even if you are cleaning up after someone, the long term hold always prevails, its just a little frustrating front sometimes, but hang in there!
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
Assuming that's true, I would recommend looking for a replacement property (or properties - you can purchase multiple in the exchange) with value of at least $725K (selling price).
Torrean Edwards
Stepping out on faith, but looking for support/advice
16 January 2025 | 17 replies
Many times, when i replace a water heater and take a look into some of the short pipes that connect, they are approx 80 percent closed.