Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Garison Clemens Buying first property!
4 September 2017 | 14 replies
Just need some light shed on the best way to get started.
Jennifer Petrillo Central NJ 3/2 SFR flip, 40K profit
6 September 2017 | 6 replies
Purchase price 147KListed for 299K, sold for 285 (went under contract for 290 but dropped it another 5K at buyer request after the appraisal just to get out of the deal)Home Depot credit card: 10K (appliances, fixtures and other things we picked out and purchased ourselves rather than having GC use typical builder grade stuff, also husband did some of the work himself so bought his own materials)Brought 40K of our own cash to the closing table, loan total when paid back was 185 (original loan 175 plus 10K in accrued interest, 12 month balloon loan so we did not have to make payments during the rehab, which helped a lot with cash flow, also loan had rehab costs folded in so for the most part we paid our guys out of the loan and not our own pockets)So (numbers are round): 285 sale price - 185 (loan payback) - 40 (cash we brought to closing) - 10 (Home Depot card) - 10 (closing costs) = 40K profitWork done: insulation and vinyl siding (this ate 18K of rehab budget but was unavoidable as cedar shakes were disintegrating), converted to natural gas heat (ducts already in place, changed out electric hot air blower to gas one and gas company ran the gas from the street for free), replaced AC compressor, new water heater, two new bathrooms, replacement windows, new appliances but left the wood cabinets b/c they were in perfect condition and I could not justify painting/replacing them, new kitchen backsplash, removed wall between kitchen and dining room, wood laminate flooring throughout except for new carpet in downstairs den, painted the deck/railings, new garage doors, one new slider, all solid wood interior panel doors, of course fresh paint and new light fixtures throughout.dining roomThere was moisture damage downstairs from bank not winterizing and pipes bursting...thanks, bank.Hauled out enormous old woodstove and broke up ugly old hearth and left good flue for someone to add new pellet or woodstove to if they want to, we figured not everyone wants a woodstove and this way the buyer can decide to add one back if desiredBathroom off downstairs den, chose a walk in shower for variety, hosing off dog or muddy children, disabled access, etc. 
Jay Y. Empty basement, what to do with it
18 September 2017 | 13 replies
Exit lighting will most likely be required if not already provided. 
Kristina Inglis First OOS BRRRR in Pittsburgh - advice?
26 September 2017 | 1 reply
Expected renovations include: new windows, new flooring (carpet throughout mostly but a few rooms have hard wood), new paint throughout, landscaping/small patio work in back and stone work along steps and walk way, new light fixtures and other cosmetic items, possibly some repair to the slate roof and new kitchen (new cabinets, flooring and appliances).    
John D. Pool software / app that works well for rentals
2 October 2017 | 0 replies
This app can also control the pool lights, jets, and allow you to set up schedules to turn things on and off at certain times, etc.     
Andy O'Neal Approaching a Property Manager About Leasing for Airbnb
4 May 2019 | 60 replies
Yes, it's only paint touch up, new light plate and electrical plates, possible new light fixtures and cleaning, but this only helps the owner and costs you less then $1000!
Kurt Granroth Complete newbie from Gilbert, AZ
5 November 2017 | 28 replies
We had a lot of demand when filling the unit after a light rehab in March/April.
Andrew Junquet When can a landlord enter a property
23 October 2017 | 8 replies
I asked if there were any current issues and she brought up that the light/fan in the living room doesn't work at all.
Brian Armstrong Newbie trying to figure out financing
22 November 2015 | 7 replies
I thought this thread was light on Brian's so I decided to hop in :)You can absolutely make an offer without the financing completely worked out.
Jeff S. "The FHA and Oregon anti-discrimination law apply to everyone present in the
15 April 2015 | 0 replies
What comes to light though is there are no minorities among my tenants.