Kenneth Hynes
Old Wood floors - Replace - refinish ? Keep ?
28 February 2024 | 48 replies
You can hire someone to do all this and it will probably still be less expensive than LVP.
Peter Peter
NNN and mechanics lien
27 February 2024 | 1 reply
My guess would be the tenant would still be liable since the mechanic's lien involves work done by the tenant when hiring the contractor.
Ryan Jaret
Sink Damage from Tenant
27 February 2024 | 19 replies
I sent him an email informing him that I was deducting the cost of the repair from his SD.
Radhika Kapur
Property Management negligence leads to $100k in damages, what are my options?
26 February 2024 | 29 replies
@Radhika Kapur First, you should hire a real estate attorney to review the management contract to confirm what the PMC was responsible to do.
Kevin Zhang
Seeking advice for diversifying my real estate portfolio (3 duplexes in MO)
28 February 2024 | 16 replies
I'm considering diverse options for reinvesting the proceeds ($200k+) from a planned 1031 exchange and am open to various strategies:Las Vegas/Reno: These markets offer potential for both cash flow and appreciation, but I'd need more information on their suitability for mid-term rentals and current market conditions.BRRR strategy: This approach could be attractive for value creation, but I'm hesitant about out-of-state management and require a turnkey or experienced team to handle renovations.Other locations: I'm open to exploring other markets offering favorable investment opportunities, particularly turnkey properties or areas with manageable maintenance requirements.My preferences:Turnkey properties: Minimize management headaches and focus on cash flow.Limited appreciation: While some appreciation is welcome, cash flow is the primary priority.Shorter-term rentals: While Airbnb isn't an option in my current area, I'm open to exploring short-term rentals in other markets.Avoidance of major renovations: My recent experience has solidified my preference for well-maintained properties.Current portfolio:3 duplexes in Missouri (mixed performance)1 single-family home in Memphis, TN (turnkey, positive experience)Questions for the community:What are your thoughts on Las Vegas and Reno as potential investment destinations?
Sam Schultz
Dedicated to Success
28 February 2024 | 7 replies
These are just a few of the questions of the many that come to mind, but feel free to provide any information you feel could help myself and others.
Jack Schwartz
Municipal Tax Sale
28 February 2024 | 0 replies
I am wondering if anyone else would continue with the deal knowing this information.
Holly Peterson
Independent Insurance Adjusters reference
27 February 2024 | 0 replies
Would you recommend hiring an independent adjuster to work with the insurance company?
Charmica Epps Harris
New Member Introduction
28 February 2024 | 17 replies
Welcome to BP, you'll find a lot of differing perspectives, and tons of information.
Annchen Knodt
Luxury Vinyl Plank comparison chart and experience
28 February 2024 | 19 replies
Was this something you looked at or was it hard to find information?