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Results (10,000+)
Marc Shin Anyone have experience with doing a rehab on a long distance property?
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).
Account Closed Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
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. 
Andrew Jennings Freerks Forming a real estate investment fund
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. 
Jeffrey Albaum Do you use software to track property rehabs?
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.
Account Closed Is WHOLESALING still viable business to get into in Maryland? I am based in Frederick
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).  
Daniel Mendez Diving into my 1st rental (DFW)- Input your Advice & Guidance
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.
Anthony Pollachioli Breaking into the rental market with Inheritance property
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.
Ade Akingbade Not Going Well - Seeking Advice for Rental Property Challenges
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.
Cole Agner First Investment - Best Value Add Opportunities?
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?)
Andrew Jennings Freerks Helping fellow BPers get started in investing
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.