Brad Spies
Tenant locked themself out of the house.
2 January 2019 | 6 replies
I would avoid electronic key pad locks, because then you need to deal with batteries.Another tip on the door knob we use a commercial grade keyless knobs.
Joseph Falla
Any successful Wholesalers in the NJ area?
4 January 2019 | 1 reply
A great place to start is https://www.biggerpockets.com/meet where you can find people in your area to connect with.You'll find some helpful tips at https://www.biggerpockets.com/starthere.For tips on how to get the most out of BiggerPockets, check out: https://www.biggerpockets.com/rei/biggerpockets-com-tutorial/The BiggerPockets Keyword Alert System is an awesome tool: https://www.biggerpockets.com/renewsblog/2012/12/19/keyword-alert-system/See you on future threads!
Val J.
Contractor wanted to change price after completing the job
5 January 2019 | 18 replies
To keep a good contractor I would literally tip the guy the $200.
Oscar Contreras
Saving money and getting started in RE
7 January 2019 | 11 replies
We also began to buy houses that are brick, so we don't have to paint the exterior.
Alan Hicks
Found a possible deal
4 January 2019 | 2 replies
.$7200/year.6 - Out of pocket expenses needed to refi would be around $100k, of which you would only get $75k of the assumed value ($130k) = $97...and be out of pocket for the last $7k.7 - Monthly payment on REFI would be around $550/month or $6600/year.8 - New CF with REFI loan in place would be a whopping $600/year...all goes perfect.9 - I would want $600/month.10 - No loan, and $7200/year CF, recovering $100k would mean it would take you almost 16 years to break even...all perfect....can you say, "new roof, new kitchen, new floors, painting, etc...over and over during those 16 years?
Logan Hassinger
Successful Flip in Arlington TX
5 January 2019 | 1 reply
Rehab which consisted of the following:- Roof- Windows- Kitchen Remodel- New Flooring and Paint- Fixtures- Landscaping- Creation of 3rd bedroom What was the outcome?
Jose Ortega
HOW TO REHAB A MULTIFAMILY WITH TENANTS IN PLACE
5 January 2019 | 6 replies
Here's my point, if you drive on the property and the parking lot has pot holes and you can't see the striping, weeds are overgrowing the sign, the exterior of the building has been painted in 15 years or, if brick, has never been power washed, what's going to be your first impression as you drive on the property, if you even make the turn.If you do come on the property everything you look at, even if the interior has been completely renovated, you're going to find fault and continue to look for what else is wrong.That said, as you're renovating the exterior the tenants will actually start to get excited.
Account Closed
First Time Short Sale - What do I need to know?
10 January 2019 | 8 replies
Theres a bunch of little tips and tricks to keep things going smoothly or you can find it fustrating.
Tim Zbaracki
Securing Your Flip (Tips From a Veteran)
4 January 2019 | 1 reply
This post is to help you prepare in what to do, and tips to where to place sensors, cameras, etc.I'm an Air Force Veteran, with service in Iraq and Afghanistan.
Levi Lane
Foreclosure Purchase with Bonus Rental Help
4 January 2019 | 0 replies
The property is owned by Bank of America and has a fixer upper home in the front with a mobile home in the back of the property that has been rented for an unknown amount of time.Both a survey and title search have revealed that the mobile home is on the property and has been detitled and joined with the property.Has anyone has run into this type of scenario before and have any tips or advice to give?