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Currently doing repairs from a tenant departure. Shocking how little regard people have for a brand new house that doesn't belong to them. Life lessons!One of the allowed deductions beyond material damage is wear tear...
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I while back I posted about the possibility of selling some of my rentals and investing in a new market. I am located in Northern Colorado and our prices have doubled in the last four or five years, making it really t...
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Hi Everyone,This will be my first rental property, investing 35k for a 1k/month rental income. Please help guide me on the following questions1. I will buy cash, and plan to refinance as early as possible. Should I b...
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For major rehab, do you prefer to buy materials for contractor or just pay the GC the price they quote? I'd love to hear your reason behind your choice. If you buy materials for GC, how do you buy in advance to make t...
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I’m flipping two houses right now. The first one had a higher price point and I had to wait about 6 weeks until I had an offer which I accepted. That buyer had an inspection and asked for every little thing (I think i...
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BP, Recently, a friend of mine was having his flooring replaced and he paid the contractor IN FULL before any work was done. The contractor now won't get back to him and hasn't shown up for work two days in a row. I w...
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I am currently going through a rehab of a triplex here in Auburn, ME. My first round was a triplex in Lewiston. I recently finished up a good amount of new ceiling work and I look, feel and smell like a broken piece o...
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Hi. I am starting renovations of a 4-unit which I own in Yonkers, NY in May. I am thinking of using one room in the basement as a laundry room, with one washer and one drier. I was told by Hercules (www.hercnet.com) I...
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So after a very very long four months my first deal is done. It has been a intense learning experience that helped kick start my investing career. A quick break down.Lead generated from: Direct mail. Zip code + 60k eq...
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Hi everyone, I'm a real estate agent in Vermont and also an investor (I have done flips, own some long-term rentals, and recently bought a STR). I love working with other investors and I'd like to focus my business on...