![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983325/small_1716739103-avatar-marcs233.jpg?twic=v1/output=image&v=2)
25 June 2024 | 20 replies
A good ballpark number for a duplex is 25k per unit and 30k for the exterior (if it needs it).
26 June 2024 | 34 replies
The question is does it make sense for a business owner whose business is their primary source of income to buy an investment property inside their business as opposed to just buying it in their name or an LLC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2337139/small_1641950690-avatar-andrewj431.jpg?twic=v1/output=image&v=2)
23 June 2024 | 7 replies
Simply, a percentage of the profits; so only AFTER the investors get their investment back + a “preferred” return of usually 6-8% annually.Here is how our equity (as opposed to our debt/loan/notes) syndications are set upwe as syndicators get a either a 3% broker fee or 3% acquisition fee at purchasewe get a management fee competitive with outside managementwe get 10% of gross rents as ASSET management feeonce investment is liquidated we receive 15% of proceeds ABOVE or AFTER investors receive their capital returned plus 10% annual calculated income including any distributions of earnings.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1071383/small_1621508417-avatar-jeffreya64.jpg?twic=v1/output=image&v=2)
22 June 2024 | 13 replies
I want something that I can input a line item, such as "paint exterior", and then add an expected timeline with something that will reach out and give me reminders to check in.
23 June 2024 | 25 replies
Therefore, I stated that wholesaling requires minimum capital investment (as opposed to hundreds of thousands or millions of dollars you would need to flip a house or buy and hold it).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/994190/small_1685994466-avatar-danielm389.jpg?twic=v1/output=image&v=2)
22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3052996/small_1718677820-avatar-anthonyp733.jpg?twic=v1/output=image&v=2)
23 June 2024 | 14 replies
Old home basement aren't meant to be perfectly dry like a modern house, but you do want to keep them from being constantly "wet" as opposed to occasionally damp. 3.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/863437/small_1695646850-avatar-gokea.jpg?twic=v1/output=image&v=2)
25 June 2024 | 30 replies
You would have to sell at a level where the numbers would work but like I said; its better to lose 10k as opposed to 50k or more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1843343/small_1621516051-avatar-colea20.jpg?twic=v1/output=image&v=2)
21 June 2024 | 7 replies
I've got about $10k I'm willing to spend, and here's what I've come up with as far as updates go:- Add shelving for grocery storage - there's very little today- Rehab the front porch (you can feel the plywood sink in places as you walk over it)- Repaint the outside of the house (paint is peeling)- Add a fence for the back yard- Add a back door (there's only one entrance/exit to the house)- Pave the driveway on both sides of the tree out front- Add exterior lights to the side and back of house- Update kitchen counters (granite?)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2337139/small_1641950690-avatar-andrewj431.jpg?twic=v1/output=image&v=2)
21 June 2024 | 1 reply
We also beautified the exterior, fixed the roof, have now rented the bottom unit to a medium term tenant as Albany Medical Center is a 5 minute walk away.