Eddie Gonnella
Follow along a Richmond Virginia BRRRR with a commercial LoC
Just closed today on a BRRRR property in Richmond, Virginia. Bought this one with three partners @Elan Radbil, @Ben Hutto and @Jake Guhy using a commercial line of credit.Purchase price: $95,000 4bd/3baRehab budget: $...
Doug Dias
First BRRRR: Worcester, MA Single Family
This is a long post – my apologies. Please don’t quote it when replying.
My wife and I started saving to buy our first investment property in MA in July, 2018. We started looking at properties one year later, in Jul...
Andrew Whicker
How do you renovate a place while tenants are living in?
Hi,
So, I'm going to be getting a place where I live in one unit and the other(s) out. I obviously have little to no issues working on my unit, but how about the others?
What if I want to do a major re...
Vik Desai
"Crazy cat lady" but paying well above market and pays early every time. How much pressure should I keep on her?
I've got 4 units that I rent out furnished and all bills paid.My target market is guys coming into town for work and want to save compared to a hotel, Most of my contracts are month to month, I'm getting nearly double...
Stephanie Lella
How a $500 problem became a $5000 problem
Hi BP,Looking for advice regarding one of my rental houses in baltimore. The original problem that came up in the inspection was that some bricks at the top of the chimney were crumbling. We were told it should only ...
Account Closed
[Calc Review] Help me analyze this multi-unit deal (San Diego)
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*This link comes directly from our calculators, based on information input by the member who posted.Help me analyze this duplex property located in San Diego. The rental income is based o...
Stefan Mayerschoff
Tenant could be faking water / leak issue?
Short form: I suspect my tenants of "faking" water in the master bath / bedroom. We had redone the entire bathroom while living there, and did not notice any water issues. Tenant has been in 2 years with no water issu...
Kevin Austin
Is this a good deal? Help a beginner please! :)
I am a complete beginner at this. I'm sure many of you can remember how scared you were with your first deal. I am looking for mine and want to know how my math is. I have found a property and am ...
George P.
re-finish the harwood or carpet - rental
working on a house and just pulled the carpet and pad. the hardwood is a mess. paint stains all over, a few dark spots, some terrible repair job (where they used to have a half wall), just terrible..
it's a rental an...
Michael Healy
Credit for uninhabitable days
My tenant’s shower was leaking into another apartment and needed to be completely gutted and rebuilt because of mold. She has been staying with her parents while the work is being completed She is requesting a c...