Michael H.
Exterior Painting, Repairing Roof Cost 2,800 sq ft (NJ)
My general contractor is quoting me:$32,000 to prep, paint exterior of the home$19,000 to replace asphalt roof$23,000 to prep, paint the interior$19,000 wooden floor refinishing (polishing, filling in any cracks)The h...
Barbara G.
DIARY OF OUR FIRST BRRRR IN OUR REAL ESTATE LIFE
Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...
Nat C.
Disaster tiling job
I hired two professional tilers to tile one of my properties.Their quote was $500 more than another estimate I received but I felt like they were professionals who I could trust to do a good job.Indeed they have been ...
Account Closed
Water Bubbles on New Concrete Floor
I have an apartment that is below grade that had a wooden floor that buckled. We removed the floor boards and found moisture coming up thru the concrete floor underneath. The American Leak Detection company came out t...
Kel S
4th deal - Banks are so fickle!
Again, it's been awhile. Sorry about that. Just been busy with other things. Anyway, we looked at a house about three months ago...
2 bed (although there is a large finished attic that could be 3d...
Bruce Turner
Deal Review: Need help with 12 units please!
Hi eveyrone, I'm new to apartments so would love some input on the following deal:2- 6 plex units with 2 bed/1 bath that appear to be in excellent condition with no deferred maintenance. Located at the end of a culde...
Aaron Wyssmann
Does this meet code?
Ok, so I know that there is no way this meets code but I saw this in a possible investment home yesterday and I had to share. Just think, you could take a shower and plug in your hair dryer and then if the breaker ha...
Lance Knapp
Where Should I invest for 7% Cap Rate and 3% Annual Appreciation?
Hi All,I am a first time real estate investor approved to buy a property that is about $1MM. I am from West Los Angeles, CA, which is a market where cash flow is hard to come by. I have decided I may need to invest ou...
Doug Dias
First BRRRR: Worcester, MA Single Family
This is a long post – my apologies. Please don’t quote it when replying.
My wife and I started saving to buy our first investment property in MA in July, 2018. We started looking at properties one year later, in Jul...
Stefan Mayerschoff
Tenant could be faking water / leak issue?
Short form: I suspect my tenants of "faking" water in the master bath / bedroom. We had redone the entire bathroom while living there, and did not notice any water issues. Tenant has been in 2 years with no water issu...