I closed my first rental property couple of days ago. It needs cosmetic work and bathroom touch ups. My general contractor gave a bid without itemized estimations and asking for 50% of the bid to start the job.
Shoul...

What underwriting rules do u apply when assessing mf complexes?  I heard management is 10%, vacancy is 10%, what maintenance percentage, etc?  

TIA

I was shopping an apartment for a syndicated investment this past week and was drilling the property managers on various topics. One of the topics that I have been getting a wide variety of answers is when I ask the q...

Hello , please tell me what does the law, if any, say ,
or is it any "custom" about it .
I am renting condominium out in SoCa , and having a tenant for almost 2.5 years now .
I pay for all repairs without problem for...

Hello everyone!I am starting to look into property managers that can take over my 10 units, some in Worcester, MA and some in Putnam, CT. I would like one management company to handle them all as I am looking to move ...

My partner and I are in the process of fixing a condo to start renting it for the first time next year. We've been doing all the work ourselves so far, relatively low cost stuff like painting and cleaning. We're now a...

Hello BP Family,I recently purchased a quadplex and one of the units is vacant. My PM recommends repainting the whole unit. The unit is 2br/1.5 bath (1150 sqft) with a ceiling about 8 ft. I plan to repaint the unit ov...

First things first, how does this deal look?

Fix & Flip not buy and hold.
Listed for $279,900 which is clearly a retail price for the neighborhood. Max. ARV would be $285,000 depending on the upgrades made. B...

I don't mind painting, too much, but I'd rather spend the day at the dentist than paint trim (baseboards, casings, doors, etc.).

What would be a round figure to have the trim painted on a 1,000 sq. ft. house? This in...

I am looking for some advice.  Before I ask my question I wanted to provide background to help with any feedback you could provide.  My wife and I currently have 5 doors, 3 properties so we aren't looking to finance o...