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4 March 2019 | 20 replies
Do you have nice pictures online?
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6 March 2019 | 4 replies
The BP community lovessss to paint a rosy picture of the BRRR method that isn't always necessarily accurate.
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5 March 2019 | 79 replies
I sold some houses that had no major problems but buyer’s home inspectors made it all sound so horrible that buyers got scared out of buying and the inspector could double or triple collect on the same customer.
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4 March 2019 | 33 replies
I give them 3M tabs for mounting pictures also which saves your walls especially if you have plaster !
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3 March 2019 | 4 replies
These are the same question I ask myself. 100ROI = 150ROI = maybe; 200 ROI almost there but double check your numbers and ask your property management co. what they think.
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4 March 2019 | 8 replies
I’ll have to double check on the foundation for these Ag Shacks.
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6 March 2019 | 5 replies
This eliminates double bookings and allows the cleaners to be aware of last minute bookings without a source constantly monitoring and updating.
5 March 2019 | 11 replies
To get there, at a minimum you will have to:Repair the 11existing homes x $15k per home = $165kHunt down 7 used homes, transport, set up, make repairs x $25k per home = $175kSell all 18 homes to qualified tenants (you will likely have to carry paper on the homes, which will eventually return the capitalization above, but assume it will take 5 years or more)Repair the park infrastructure, roads, signage, the residence, landscaping, etc (let's assume you will spend at least $50k on this if you are lucky, though it could easily turn into a lot more) The bullet points above will likely take a couple years and it could take double that, depending on how aggressive you are, what the availability of good labor/contractors in Indy, and what kind of demand exists for that location.
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3 March 2019 | 2 replies
Should we renovate the master bathroom (it’s nice but the vanity is low and it’s a single vanity with ample room to do a double shower head shower and double vanity- our contractor quotes $9,000)?
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4 March 2019 | 2 replies
Investors are old fashioned, lazy not very smart or tech savvy, can't see the bigger picture have no patience, refuse to leave their old ways behind nd invest time and effort (and brain power) into new ways, they don't "get with it", they don't get with the times, they don't educate themselves, they think they know better.Here is my investor journey in a nutshell.I came to BP, most people gave me cra advice, I didn't agree, but I tried anyways, failed, I said, screw this, I am doing this Y way.