
23 July 2020 | 58 replies
I had to paint the entire inside, outside, replace 3 broken bathroom sinks, reface the kitchen cabinets, trim trees, install a new stove and dishwasher and it took myself and one employee 13 day and we worked 12 hours every day.As for multi-unit properties, they cost less per unit, often get the same or more for rent than SFR's, we don't have to trim trees and clean yards every time a tenant moves, we always have tile floors and never replace carpets, we are always finished withing 3 days and our average cost to make an apartment look like it was just built is less than $3,000 and usually no more than $2,000.Believe me when I say it is like walking into a nightmare when we first walk into a 3 to 5 bedroom SFR just after a tenant moves out.

2 April 2016 | 76 replies
Thank you @Dawn Brenengen, those are some very good examples.

20 April 2018 | 15 replies
And then it finally dawned on me - wait a second, so do I...Anyways, I'm still trying, but buy smart.

14 January 2020 | 15 replies
What I see the students looking for: central heat & air, dishwasher, close as possible to college, decent sized bedrooms, some kind of outdoor entertaining space, plenty of parking, some kind of storage space for bikes/kayaks/etc, no carpets.

15 August 2013 | 32 replies
@Dawn Anastasi first of all CONGRATS on the new job as moderator on the BP forum!

30 January 2014 | 11 replies
Dishwasher - go with new.

13 April 2015 | 58 replies
@Dawn Anastasi you crack me up.... on the 300k deals we do routinely we put more than the cheap houses cost into the rehab..

17 May 2015 | 69 replies
I, like most others, would include everybody who has answered a question for me directly, everyone who has answered a question for me I didn't even know I wanted to ask (I have a solo 401k account that before BP I didn't know was an option, so I guess thank you @Joshua Dorkin) and especially thank you to the people who correct my own wrong answers.That said here are q few groups of people that deserve an @ttaboy;Since I'm mainly in Tax liens (and deeds), my "go to experts";@Ned Carey@Tom Yung@Wayne Brooks@Richard D.People who introduced me to other investors to answer questions include the "Chicago connections" of @Brie Schmidt, @Zach Shepard, @Derek Martin, @Wendell De GuzmanI would be remiss if I didn't mention how awesome @Steven Hamilton II is for answering accounting/tax questions with the appropriate caveats a licensed professional needs to include.And those who write great blogs on topics that catch my attention with their complete openness on deals; @Dawn Anastasi, @Seth Williams, on deals@Shaun ReillyAnd I'm humbled by those reach out with a colleague request based on a forum answer or blog post I've written.Oh yeah, as a comedy writer myself (I know not much of what I do on BP is comedy except for my wrong answers) I am always impressed with a funny post.

15 March 2024 | 167 replies
@Dawn VoughtYes. same experience with me.