Kaitlyn Beard
Will the seller need to put flooring in for the appraisal?
Hey all, I know for VA and FHA, that flooring should be within a SFH for the appraisal to come back good to go. However, I showed my agent a property that needs some work and that I wish to rehab myself. It does not h...
Tyler Dunlap
PM sending repairs off to his own company for enormous markups!
Hi all, I am furious. After some investigative work, I confirmed my suspicions. My property manager has been severely overcharging me for repairs for months. Like ridiculous markups. As it turns out, this guy OWNS...
Jamie Montpellier
3500$ to update a washroom...SERIOUSLY?
Hi guys,I'm looking to update a washroom in one of my rental units. I need :1) New flooring (probably a ceramic tile) with sub flooring2) New vanity and sink3) Mirror and some paintI've called a few places and the qu...
Mike Girard
Contractor using green board for shower
My contractor's crew began tiling the bath/shower surround today. It was such a mess I pulled it all off before the mortar could dry resolving to at least get it properly started myself. In researching tiling, I learn...
Fred Shandler
Did anyone steal your copper piping today??
I attended a REIA meeting in the area I'm looking to invest in and one landlord stated "any vacant house in this area will have it's copper piping stolen. Groups mark their territory by leaving a brick in the middle ...
Amanda S.
Short term/vacation rental property management fee breakdown
I recently started a STR/vacation rental property management business. What specific numbers do I base my management fee off? The language I have seen says I should charge a percentage of "gross proceeds". Do the gro...
Steven N.
not sure If I should just list this property as-is or do reno
TLDR: Got a good deal on a property. It is super clean and actually very well kept. I don’t know if I should list it as-is, do some minor reno or go all out. I do not have the ability to calculate which would give th...
Terri-Leigh H.
Hurricane devastated our rehab!
Our 6 week full remodel was devastated by Ian today.We aren’t sure how much has survived. We lost comms with neighbors before the water was at our door.Lanai ripped off.Huge palm trees ripped out.That’s what we know s...
Gary West
Buy or Build?
I am nearing pay off on my first property and am considering all of my options for acquiring investment properties. I think most of you will say tap into the equity of my first home and buy four more.
The other thin...
Julia Taylor
Driveway project nightmare
We are new long-distance investors and purchased our first STR 5.5 months ago. If there is a different forum that is a better fit for this post, please let me know.
The driveway is steep and gravel, and our handyman/...