This is my first turn-over and I just inspected my rental unit where my tenant recently left. I see that there is some damage but unsure what to charge my tenant. I'm meeting with a contractor this week to get an es...
Would you lease it or sell it?We bought an amazing house in a lovely neighborhood last year, mostly owner-occupied. We soon discovered the small rental kitty-corner from us had a drug issue. Shortly, the opportunity...
Hello everyone!
Thanks in advance for your input. I'm search very hard to find my first property to rehab and sell. I have a couple rental properties and consider myself pretty handy in terms of installing flooring...
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
Long story short, my dad passed away in 2006. My mom lives in the home which is 4BR/3.5 bath, finished basement and about 4200 sqft. She owes roughly $278k on the primary and is behind on the 2nd mortgage (about $40k)...
I recently got my first duplex under contract and close on it mid December. Both units are 2/1 and about 800 sq ft. One unit is vacant and just needs a coat of paint. The other unit is occupied on a month to month sec...
“The True cost of yield”Was the l captured off the g-chat window with my brother, after whining to him about some $hitstorm I created for myself, and had no one else to blame but the muppet in the mirror. Long story ...
Hello,First post on BP. I'm in the earlier stages of writing a BP to acquire and lease rental homes. I'd like to outsource the rehabs to contractors and consider their wage in terms of the "total investment" of the ...
We are doing our first 2 flips simultaneously. The 1st was pretty much as expected. The 2nd was the typical nightmare that you hear about so often from other investors.Our original costs were $26k, which was a signe...
So let’s say you place a gig offering on Facebook, or some other site looking for someone to do a make ready on a rental. Before the day is over you’re going to be overwhelmed with people saying they can do the jo...