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Hi, i had posted few months back, i invest in Cleveland (University heights, Cleveland Heights, Garfield, Euclid). Have 5 properties (1950s). We did inspections, being out of state we work with management companies, s...
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Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
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Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
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Has anyone seen this report from the Guinn Center? Meet Kevin also did some discussion on this topic. I feel like most landlords here on BP got above 80% rents during this crisis, but I'm sure there are many mom and p...
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Hello.I have a SFH that I recently bought. I’ve gotten different opinions from property management companies on the work that’s needed. I want to limit the work to make the place rent ready but not break the bank a...
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Hey all. My husband and are under contract on a great 2 flat with illegal basement unit off of Logan Blvd in a desirable location in Logan Square with a lot of rental demand. We got it for $635k, thinking we'd be able...
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I'm trying to reframe the question from too much of the gloom and doom talk, and looking for an informal poll about the way forward. My belief is that anyone analyzing their market needs to look slightly to the future...
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...They have installed an above-ground pool!!Not only that, but the pool is built on a wooden platform. Not only that, but they have covered the ENTIRE yard in Astroturf!Not only that, but the gait was OPEN!!I am cert...
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I have a project underway and am doing some of the work myself. I'm curious if anyone else has run into a problem when rehabbing a property, and doing the work yourself. Have you been required to have a General Contra...
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So my wife and I engaged in a pretty heated conversation. My wife is amazing, but we are simply wired differently. My wife is totally ok with punching a clock Monday through Friday, the slow grow of a 401k, and possib...