15 January 2017 | 7 replies
My goal is to leave the life draining rat race I currently live in. :^) More specifically I want to flip 4 houses a year with an average $30k take home.

27 March 2014 | 3 replies
I have closed 2 in the past couple of months and both water heaters were drained without turning the power off.

10 February 2015 | 23 replies
Here's what I gleaned as a summary of hardening tips for reducing turnover/maintenance costs:panasonic bath fans with timers in bathrooms4 coats of poly on wood floorsdouble door stopstile floors, showers vs surroundssingle lever shower valve vs. doublereplace toilets with steel parts/mechanicals whenever it starts to runKwikset smart keys (some debate over efficacy)door stoppers on all hingesremove pop-up drains and replace with commercial drains2' drain lines from sinks with an accessible clean outbuy a key cutter - maker for $50 on craigslistGranite tile counters - need a diamond polisher and tile sawUsed Fixed vs. friction shower rodsKeyed deadbolt and passage knob on outside doors to prevent accidental lockout5/8' fire core drywall - can't put a fist thru it and its fire-resistant1/4" board to back up towel rodspolyurethane cabinets under sink to pre seal and drain water to the floor2x4 base under cabinets to prevent particle board cabinets from failing where they meet the floorVinyl scrap under sink and up the back wallBest of luck!

1 July 2017 | 22 replies
don't be, if you end up paying $149 to unclog the bathroom drain, that's still less than one month management fee, and you only have to pay the 149 once..

5 August 2018 | 36 replies
It's been much slower going than I had hoped, but the property needed tons of cleanup and exterior work, and it all drained finances pretty quick.

8 March 2020 | 6 replies
The daughter has power of attorney and would like to sell her mothers house since it's just a financial drain with upkeep, bills, lawn, and just recently a severe wind storm which caused some damage.

8 November 2016 | 6 replies
I am looking for some more information on financing options that may be available to me in order to maximize my saved capital and leverage position.I am only looking at very modestly priced homes or units (between 100 - 150K) and I have about enough for a down payment for one other property in this range (around 20K) My plan right now is to wait a few months, get some experience under my belt as a landlord after getting my feet wet with these two properties and then pull the trigger on another property with similar characteristics as the ones I have recently purchased.As I mentioned I have enough for a down payment for one more using the conventional financing method I have used with the first few but one more similar purchase will effectively drain the last of my capital.

24 January 2018 | 12 replies
Now he needs to cut the wall and increase the drain size .

18 July 2019 | 2 replies
The county first started out with 4 lines of septic drain lines but made me expand to 6 lines.

29 December 2017 | 14 replies
I had to get a survey done because the area was a drain area for the nearby lake.