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I'm currently working on converting my first single family rental into a duplex in Washington State. I will be keeping this project in my portfolio for years to come. I'm trying to figure out best practices from more ...
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Greetings. I just put under contract my first 24 unit property. I started with a four unit last November. I have started a checklist of items for due diligence (e.g. inspections, rent roll, etc). What do you all have ...
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Hi folks,
My new tenant was placed in my St Louis property last December. Since then, she’s had a multitude of complaints about various issues big and small. I’ve spent $10k to fix issues like new HVAC and fridge.
S...
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So, looking to purchase a co-op and the co-op is offering a credit towards replacing the floors.
"Buyer to receive $5000 credit at closing, Buyer agrees to replace subfloor with 3/4 plywood, mildew resistant and sou...
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I have a question with regards to the extent of rehabs for the seasoned flippers here.
In my area of New England we have a tremendous amount of older homes, and a lot of the homes I'm coming across have some ...
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Hello Hoosiers,
I made the jump from Illinois to Northwest Indiana and purchased my first property (Munster) in January. Loving the community (and the low property taxes) and am now looking for another deal. Would l...
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Hey BP,
I have been following BP for quiet some time. We are finally about to make our first rental investment (hoping the offer gets accepted), which will be in the Bay area.
The property is a SFR and is slightly...
New Chicago house hacker here, moving in and starting with a bathroom gut in my own unit. Doing as much of the work myself as I can. My 3-flat was built in 1905 and "rehabbed" in 2006. Should I get my materials tested...
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Here are the skills and lessons I learned during the rehab of my second rental.
1. If the property has been vacant for over a year and still has fleas, there may be a raccoon living up inside the fireplace. (I can no...
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What is a good flooring option for a 1200 rental? Laminate? Tile is pry not a good option living in Michigan. I'm not looking to spend a ton of money. It's a 50k house renting at 900 per month. Thx!!