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Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
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I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
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I started a half-million dollar complex renovation project for a rental property about a year ago with a 5 month deadline. Contractor was on the hook for a daily charge if not complete by 5 months, but the city dragge...
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On Wednesday evening I get a text from one of my favorite tenants up until now that there's some cracking in some of the drywall in the ceiling. No big deal as long as there's no damage to the roof I think, as this is...
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Hello BP community. Need your advice. Sorry in advance for the long story!I have a condo unit in Southern California that I recently rented out; however-- on the first day the tenant moved in, they notified me that th...
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I bought a short sale multifamily building last winter and have been taking care of the deferred maintenance and increasing the occupancy with new tenants appropriately screened by my property manager. All was going ...
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I was looking at the some listings via redfin and came across this kitchen. I have seen some interesting color schemes in the past but this one is one of the worst. It looks like the cabinets needed at least one more...
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ok. So I realize this may be a loaded and polarizing question, but just putting it out there:What is the point of having a wholesaler?Isn't that what real estate agents are for? To "find" the deals?I say this out of ...
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The dishwasher in one of my rental unit stopped draining. $80 later the repair man told me it was due food getting stuck in the drain that was missed by the filter. I paid for the repair.
The repair got me th...
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I'm at a loss this morning...just when you think you've seen everything.
I have closed AND flipped a WF property before. Actally in April. It was with a different LLC. We revamped our company, marketing, contracts...