Joe Blow
Onsite Property Manager
I just purchased a multi-unit apartment complex that came with an onsite property manager. What agreement should I do with that person? I want to be fair so the person live rent free or should I compensate like an ho...
Austin Jay Toniolo
Lead paint and lease renewal
Hello BP gotta day love you guys as always and hope y’all staying safe. About to purchase a 6 unit rental portfolio in DELAWARE. Older 1940s multis with interior and exterior lead paint. Looking at the current leases ...
Sheri H.
How to know if its worth a low or high end renovation?
Hello all,Thank you for your patience. We are new to his site and also the whole flipping idea.Ok here goes. We hear a lot of stories of people looking at making at least say 20K profit on a flip and using the 70% rul...
Sameerah Baker
Pest Control in Rental
Newbie landlord here...My tenant has been in our SFR for about 6 weeks. Prior to that the property was vacant for 3 months for rehab/renovation. She has now texted me saying that she has seen mouse poop and wants me t...
Chris Brall
Completely remodeled 3/2 looking for financing
Hi community,Need help I own a property that I completely remodeled into a 3 bedroom 2 bath that’s 90 % complete. I took out a remodel loan from ground floor. I have extended my loan with them but because of coronavir...
Angela DeBorja
Low cost marketing and prospecting ideas
I'm doing a mixture of ways to search for properties in the Baltimore area between homepath, driving neighborhoods, and the real estate websites. What are your all thoughts about looking up the public records for stre...
Shane H.
Triplex analysis scenario
Wondering if I can get a few opinions on this potential purchase?PP $210kDP $15kRequired roof repair $15kInspection currently taking place this morning so unknown additional repair costsCurrent rents $2345 Owner paid ...
Sean Chua
Reserve Amount - House hacking in Atlanta
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
Patrick Philip
What's the general order of rehab work?
I've never done a flip before. Some things are obvious, like baseboards, drywall, and cabinets have to be done before painting. Does flooring have to be done before painting? I assume everyone can work at the same tim...
Alex Craig
Markets with Biggest Rent Increases
I thought I would share this with the BP Community as it lists markets that have the largest rent increases from Q4 2015 to Q4 2015. Any on here surprise you? What surprised me that 1/2 of the markets where relatively...