Hi Everyone! It's been a while since I posted last. We've been struggling with our inherited tenants, and we're finally at the end of the lease! I will say that we have learned a LOT through this last eleven months...
When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?
It makes sense to me to pay half be...
@George Paiva and I closed on a different asset class than our single family flips. We purchased a 16 unit in New Britain, Connecticut.We purchased it for $505K (~$31.5K/unit) and average rents are $675. Top line numb...
Hey BP! So this thread is for you to share your success!I want to show the world ALL the amazing flips/rehabs our members here on BiggerPockets are doing and have done. Here's what YOU'VE got to do -Upload Before &...
Hey Everyone, I began flipping houses more than a decade ago. I can recall how lost I was when I started and I wish that I would’ve had someone to guide me through the process and allow me the opportunity to avoid a...
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
Hey All - Super n00b here.
We remodeled our basement and added a kitchen. There was plumbing and electrical that was added. There was also a washer and dryer added upstairs. We then added a wall to close off the wat...
Hey everyone. Thought I would share a cool story (at least to me :) since its the two year anniversary of closing on my first true flip. Hopefully you newer investors will be able to learn something and get inspired t...
Hello everyone, I have a two part question.1. If you buy a house sight unseen from a wholesaler are you then getting a full inspection or do you just go in and start fixing what you or your contractor think it need...
Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...