I figured I would share my story and thoughts on my first flip. I purchased a 2 bed, 1 bath single family cape cod for $28,600.00 cash (no loans). To date I have invested about $25,000.00 (again cash) into the house. ...
I'm wondering whether to upgrade the bath floors before or after the tenant moves out. My current tenant is coming up for renewal and I'm not sure if she's staying (during the interview she stated 1 year to get her cr...
I see a lot of properties that are listed have long term tenants that have rents well below market. Is this something that is hard to overcome when buying a property? How do you overcome it?
I'm in a middle of my first major rehab and need to replace the baseboards. I was looking at Home Depot and most of the selection has more ornate design than I want or is MDF which just seems cheap to me. I was wond...
I hate plowing season! I've had 5 different plow people in 10 years. I've always hired based on recommendations of others. Usually they'll do okay the first few storms, then later they get sloppy or late and tenants...
Has anybody developed a detailed list of repair/improvement items which is segregated to keep under the $500 radar? If you don't know what I'm talking about and your a landlord I strongly suggest you find out.
Hi BP, I would like your input on this SF turnkey, 2/1, 1946, currently rented, new roof, new mechanicals, new plumbing, refinished hardwood, new kitchen, new bathroom. I calculated the vacancy rate quite high, as the...
Hello there,My real estate agent arranged for inspection (for my first 4-units) this coming Thursday.He called me this afternoon to inform me that the listing agent refused the inspection as it passed 15 days from sig...
I'm brand new in real estate investing and my primary goal is to hold long-term single family homes under $50k in areas with a healthy economy, decreasing rental vacancy rates and population growth. For instance, Memp...
Hey everyone. I have heard on the shows and from investors that when they make improvements to a property they "tenant proof" them. An example of this I have heard on the podcasts is vinyl flooring that is durable a...