I found a goldmine of a property today. Hidden gem off the beaten path. Absentee owner, no mortgage, lots of sweat equity. The town has one of the big x's on the front of the house warning the fire fighters not to g...
I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Hello All,
I am brand new to BiggerPockets and find it to be a great place comprised of helpful advice and expertise. I am a landlord of a single family home in California that has run my property as a charity rathe...
Hey Bigger Pockets! Once again, I have not posted for some time and I felt that this property we just sold would be a great example of how systems can make your business run smoother as a real estate investor. Whethe...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
Often, prospective tenants will come and request a certain demand. - “ Well, can you paint this a different color “ - “ Well, what about the outside, will you update the gardens? “ - what about the dust? Seems dusty e...
Straight Outta Stockton - Anatomy of another Stockton “Deal”In a previous post I made some bold general statements regarding how hard it is to find an even halfway decent deal on the MLS in Stockton, CA. As a sort of ...
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...