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Results (10,000+)
Eric P. My first flip! (with pictures)
26 November 2014 | 37 replies
After the kitchen comes the basement then the 2nd floor bath.So here are the things done since last post:3rd floorDrywall finishedTub stripped/refinishedCeilings textured (knockdown)Changed layout of bathroom and installed fixturesLighting installedPaintedCarpetTrim installedRadiator replaced with baseboard in bathroomKitchen/PantryInsulatedDrywall hung/finishedTile installed (Durock, tile, grout)Rest of 1st floorNasty carpet removed (found some pet stains on hardwoods)Drywall finishedCove ceilings textured (looks better than I thought it would)Painting in process2nd floorDrywall finishedCeilings texturedPainting in processGeneralStack replacedWhole house cleanedLessons learned:For the newbies out there.... after you've got some knowledge get out there and do your first deal, you'll learn so much more on a flip than in a book.
Account Closed Trouble recouping tenant move-out charges
24 August 2013 | 4 replies
Some of the damages include:-Cigarette burns on both vanity countertops-Pet, ink, and bleach stained carpets-missing shower heads (she said the old ones had mildew in them so she threw them away then took hers that she bought when she moved out)-serious paint damage past wear and tear (plus they smoked so the walls have to be painted to get rid of the smell)-beat in drywall holes-broken light fixtures-they didnt clean at all so cleaning costs-some items left (tires in basement, hangers, food in pantry, etc)-broken screens-etc.The tenants are not happy and are saying I stole their deposit.
Account Closed Is this a Deal or Dud? My Option contract.
25 August 2013 | 10 replies
If it is really tops out around $215K then there is no saving this dog.
Cheryl Harris New Investor in the Acton, S California Area
29 August 2013 | 12 replies
I am working at being a bird dog as a way to learn and a way to bring something to the table as I learn.
Carol T. bamboo strand flooring for a low end rental or not? Help!
18 November 2013 | 11 replies
Bamboo is terrible with dog's claws and in dry weather and I would NEVER install it in a rental in Utah, where I live now.
Joe Kato Selective with tenants in my house?
15 September 2013 | 16 replies
You'll need a W2, paystub, or last years tax return.2) We file for eviction on day 6 if your rent is late, no exceptions.3) No dogs over 15 pounds.4) We terminate leases if your unit does not pass quarterly inspections.Folks know what their bad habits are and that they are not reliable payers.
Rick Baggenstoss How do you protect from theft?
15 September 2013 | 5 replies
A few ideas off the top of my head:- Get a real guard dog- Get a fake guard dog (i.e. search for "Rex the Barking Dog")- Get an alarm- Or just put up alarm signs- Make friends with the neighbors and ask them to watch out for your house- Don't put items like fridges, stoves, etc (anything a thief would likely want) in the house until the very end of your remodel or you absolutely have to
Bryan Davis How do YOU develop your vacant house leads?
30 August 2013 | 2 replies
I do a lot of "driving for dollars" and I've got over 100 "bird dogs" doing the same for me (although most of 'em seem to be a bit lame).
Ben G. Owes 48K Rents for $1200 a month.
30 August 2013 | 14 replies
Your best case is probably someone staying 3 years and more likely anything more than 1 is a bonus), higher periods of vacancy during times school is out (Getting a 1 year lease may or may not help), and the higher levels of wear and tear college kids tend to put on a place.I'm am certainly not saying it is a dog.
Alan Mackenthun To swing a hammer or not?
30 August 2013 | 35 replies
No way do we want to have to work to pay the maids, dog washers, landscapers, and so forth I see going to other houses on our street.