Thanks everyone for all the help and info on this site. Today I closed on my first "intentional" investment deal. I am already an accidental landlord (and out of state), and an accidental raw land investor (from a mov...
Hi BP -
If there is black mold in a house that you bought, how is this typically handled when flipping or BRRRRing? What happens if your contractor finds it, covers it up without telling you, and then the tenant f...
Hello all!
I purchased my first flip house on Monday and as a new real estate investor, I would like to get some experienced rehabber's opinions on the threat of asbestos. I searched BP for asbestos-related forums b...
I just bought two duplexes which I discuss in the forum post here. I normally do the demo work myself, but since I'm working on some other things at the moment, I decided to throw an ad up on Craigslist and see if I c...
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
Luxury vinyl tile versus ceramic tile. What’s your opinion? LVT is obviously easier lay. Ceramic tile can last a very long time unless somebody purposely damages it or drop something heavy on it and cracks it.
Hi,
I am looking into a investment property for rental purpose. This is a four unit property. Three units are occupied. The fourth unit is not as this side of the building has a roof leak. The roof is twenty five year...
I read an article claiming that the Kitchen and Bathrooms on rentals should be the two places that should really grab your potential tenants attention.
I would like some advice or misconceptions on this, if youve hea...
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...