Lauren Cutchen
Rent by the Room Approach and How that Affects Appraisal
I am looking to purchase a single family home and turn it into a rent-by-the-room situation. PadSplit is suggesting to take away common spaces like the living room and dining room and turn them into bedrooms. I think ...
Mike Kroupa
Curb Appeal Suggestions – Lake House
I bought an ugly house. I want to make it beautiful. I am looking for suggestions from the BP community.The house has wood siding with vertical lines (T1-11) that is a bad color. In addition, the house lacks balance. ...
Dean I.
24k Profit on Flip #3 and #4
Note: Link to pictures posted at the bottom.So for my first two flips, I posted a full breakdown of numbers, to include closing costs, financing costs and holding costs. However, this time around, I am a little short ...
John Matthews
Separate Hot Water / Heating
Ok, so any suggestions on how best to solve these issues:This property is a triplex (maybe quad with an efficiency), converted from a SFR, so it's got one hot water heater for the whole building, and one temperature c...
Corey G.
Property management LLC (filed as an S-corp for taxes) on my own properties?
So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account. Post here: https://www.biggerpockets.com/forums/51/topics/1183339-contr... ...
Li Lu
Any suggestion on the interior design budget?
I recently closed a building with 24 residential units and it is more than 100 years old.I have talked with a designer/architect about interior design.His quotation is around 21k for all the units.Is the quotation rea...
Michele Rok
need help structuring an Reo
3 questions:1. Can i have an agreement with the bank on a reo if my credit is bad and i have now income? Should I bring in an agent?2. How can i estimate ARV if seller will not allow me to walk through sue to tenant o...
Carmen Graves
Handling urgent electrical issues
Hi BP,
We have a
semi-urgent electrical issue that needs to be solved in a matter of days rather
than weeks (a tenant bedroom outlet and dining room light is out due to a power
surge). We realize that we need a...
Neal Bratton
Flooring Replacement Cost...please help
Hey Guys, Trying to put some numbers together on a SFH. All floors need to be replace. House is 1700 sq. feet. Mostly carpet, some linoleum. Does anyone have a quick metric for estimating flooring cost. Looking for in...
Tony Karns
Master Lease on small to mid multifamily
BP investor, I have been looking at a few small(5+) to mid (30+) units and have come across something called a Master Lease. in the present research that I have conducted, the Master lease looks like a hit run for th...