This is my first guestimate for rehab, haven't looked at the house yet. I was very conservative in my opinion. This was just to consider a hard money/ private lender at 3 points and 12%. Surrounding homes are around $...
Good evening Bigger Pockets folks,My first post on here so apologies if this has been covered elsewhere. I'm currently going through and analyzing some deals and hoping to make some offers in the next week. When doing...
This is why you winterize your vacant property. I ran into this a few days ago while I was looking at property. I was unable to go inside because all the doors are frozen shut with water. A pipe must have busted on th...
Hello forum,
I am a leasing agent at a rather large property management company. We had a tenant that has been living in the same apartment for the last 11 years move out today. This tenant worked maintenance for o...
Lesson #4 - Ask tenants to get full picture of ‘hidden’ deferred maintenanceOne we thing we were surprised by when we first took over managing our apartment buildings was how little they were managed by the company b...
We are in one of the most difficult real estate markets. It is hard to find a good deal. However, you only lose when you quit. Therefore, it is crucial that we develop our mindset. I spend about an hour every morning ...
We just purchased a rental home that is in the process of renovations (paint, new counters & hardware), etc. The place is a total mess right now as we have been stripping wallpaper etc. The counters will not be ...
Hello all,My tenant reported that the garage door wasn't working. This was a perfectly functioning garage door when I handed the property to her. To address this maintenance issue, I sent out a reputed garage door com...
I got a notice last month that I have to replace a water heater in my unit. Well this unit took me about a month to get ahold of the tenant and evict the tenant for nonpayment. I replaced the water heater last Saturda...
Hi Everyone,Just recently approximately 1-2 weeks ago I was able to get a contractor to finish the work needed to stop a water leak into not my condo but in the condo unit below. Insurance was unable to cover the cost...