Cain McNeil
SECTION 8 QUESTIONS (PANAMA CITY, FLORIDA)
I AM A BANKER AND PART TIME REAL ESTATE INVESTOR, LOOKING TO GROW MY REAL ESTATE BUSINESS TO A POINT THAT I MAY TRANSITION TO BEING A FULL TIME INVESTOR. MY DUPLEX (TOPIC OF THIS THREAD) WAS PURCHASED THIS YEAR FOR $1...
Remmy Vernon
Mystery smell is back
This is a small one bedroom unit, ground floor, no unit above it. (approx. 600 sq. ft.)When tenants moved out there was a bad smell. I could not out my finger on it. It is not in the bedroom or bath, but in the kitche...
Eric Lopez
Estimating Operating Expenses
To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...
Anthony Marini
Rental is getting plenty of showings but no applications
Good morning!My wife and I recently purchased a new home and are planning on making our current home a rental property. I have listed the property on Zillow/Trulia/Hotpads as well as Craigslist. We have what I would...
Jerry Miller
Make-ready job: issues with painting
Hello everyone.My property manager recently completed a make ready job that included this item "Full touch up paint and patch" for $1,550. When discussing it on the phone (I asked why this costs so much if that's just...
Larry T.
Renovations
Is it completely impractical or just a necessary evil that you have to renovate each apartment only when a lease is up and the people move out? I guess it is never a good thing to do it all at once because that means...
Ricky Roland
Mold
have a small rental house that has started a molding problem , never had this propblem with this property or tennant before , heard this could be from ventilation and she had a very dirty filter in the heating and coo...
James Kandasamy
Security deposit refund on bushes and delayed repairs.
Hi BPers,We had a tenant moved out. The landscaping and bushes were not trimmed as we gave to them when they moved in. We found out that some wall drawings issues after the new tenant has moved in. do we charge them f...
Tommy Mckeown
First rental property
I live in California I’m saving up for my first house and it’s definitely pretty expensive! But my question to you guys is how much money do you guys think I need to buy a single-family home out of state. A home rang...
Lauren Koon
First Investment Property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $94,000
Cash invested: $27,000
Finally purchased my first single family home in Garfield Heights Ohio after almost ...