Are there any tips, tricks, or guides for turning on utilities after close of escrow and possession? This particular property (townhouse) has been bank-owned and vacant for the last 14 months. I am assuming all utilit...
Went over to a rental property today to work on a leaking basement window. One of my tenants was at home recovering from surgery on his arm. While I was there, a vein in his arm ruptured and he started bleeding heavil...
Hi everyone,
I am going to preface this by saying I have never done a rehab before. Currently looking at a multi-family REO that needs a fair amount of work. The house has no electricity and/or heat turned on. I foun...
Hi everyone, question for those of you on here who have experience with STR, specifically in the Western North Carolina market. At what point do summer vacation rentals typically start to book? As of today, my booking...
I'm checking out a HUD home and the Property Condition Report states there is "Plumbing System & Drain System damage." The property failed a Pressure Test, and the plumbing is considered damaged. The sewer/septic ...
I recently got an appraisal done on a property that was completely rehabbed for a cash out refinance. In the appraisal report, one of the comp used is a house that was sold for $199,000 on 6/2/2020, three months befo...
Obviously there are life hacks that we as landlords pick up over the years — how to negotiate with people (e.g. contractors) who want to kick you around, how to buy inexpensive yet durable flooring, where's the best p...
Guys,I've reached out to a few of you, but I thought I'd cast the net out a little wider. I recently visited Puerto Rico with my family and loved it. So much so that I'm considering purchasing a vacation rental. I'...
Hi,
Does anyone on BP have any experience with removing oil stain on a concrete driveway? I have a tenant in place, and I went over to the property and noticed a huge 3 foot radius oil stain on my driveway.
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So there is a property I’ve been eyeing and we’ve been contemplating doing an AirBnB/Short Term Rental. Primarily we’re looking at the bigger markets, like the Smokies. However I’ve come across a little property close...