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18 December 2021 | 3 replies
When adding a bathroom you need water piping, drain and sewer pipes, drain vents through the roof, a window, electrical work including a ceiling fan with a humidistat, drywall, painting, plumbing fixtures permits, and the rest of the list is too much to write.The big question is; can you get a better return by using the money toward purchasing another property, or blow the money on a bathroom that give you a smaller overall return and miss out on the opportunity to be making tons of money from appreciation from two properties.Personally, I never ever wanted to purchase a property and try to add value to the property by adding more living space or a bathroom and I don't think the amount the property appreciates with the addition of a bathroom will make a significant difference where a bank loans you a higher amount against the property.
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24 December 2021 | 7 replies
Not only do you lose a full month of rent, but that's going to be turnover time where the property manager gets to go into the unit and do their 'repairs' and charge the service and call fees.I'm not a fan of gradually raising the rent either, since it doesn't seem like the property can support that strategy.Anyway, I hope the deal goes well.Jim
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1 January 2022 | 12 replies
I'm a Northwestern and LSU fan.
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19 December 2021 | 0 replies
Fully furnished, new paint, fixtures, blinds, flooring, doors, ceiling fans, new AC unit and Furnace, irrigation, landscaping, garage door, water heater, toilets, updated cabinets, built in pantry.
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21 December 2021 | 3 replies
I'm not a fan of properties controlled by an HOA.
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21 December 2021 | 1 reply
I was a fan boy at the beginning and I love the products they produce, but I stopped buying the hype of the unmade prototypes.
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25 December 2021 | 21 replies
Of course this is "trying to time the market", which I am not a fan of...I don't have a crystal ball and those who claim to are often wrong.
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28 December 2021 | 21 replies
I’m a huge fan of house hacking.
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27 December 2021 | 4 replies
Hi Fellow BP Fans,Recently I've had conflicts at both my short-term rental and a traditional rental with people claiming the pet policies don't apply to their support dogs.
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2 January 2022 | 21 replies
As for the >10 days concern, if it's not listed you've essentially tagged it yourself and have a near zero chance of selling.Personally, I'm not a fan of rehabbing.