We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...

Good Evening BP,I am looking to see if anyone can shed some light on my current situation, it goes a little something like this:I purchased a rental property in Jan 2017 in South Carolina, this was an out of state pur...

Hello fellow BPers,Recently, I had great tenants that moved out after 3 years in a townhome. After they moved, in a routine clean-up, we discovered some broken refrigerator drawers that needed replacing (not really so...

So I've been quiet, there is a reason. I've been through 1.5 contractors. The first imploded and his people were horribly slow and incompetent. The next one, the .5, sort of didn't want to deal with the mess the first...

Just bought a new rental but the previous owner smoked a pack a day.  The whole place smells like cigarette smoke.  Painted the whole place but didn't even change the smell.  The carpeting is only about one year old a...

how do you determine the time cost or hassle a potential property will take? All of our spreadsheets analyze the financial portion but how do you choose what is the better option from a time standpoint? For example on...

21 Unit building in San bernardino1,495,000 asking priceActual GRM of 8.8 - Market GRM of 7.6It nets a little over 100K. From some research and asking around I've found that this specific area isn't too safe or somewh...

Rehab newbie here. We started demo on one unit in our new fourplex today. The kitchen alone had 4 different types of cabinets, 2 mismatched counters (that were connected) and once we tore up the first layer of floorin...

I was hoping to get as much input as possible on my first deal

reo
purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...