Tyler L.
Any rehabbing wisdom or trade secrets for a rental?
I have a vacancy coming up next month, so will be looking to bring the unit up from it's current C condition into a B in line with the neighborhood. My current SOW is more or less as follows: New floors (hardwoods are...
Brady McPheeters
Condo & first buy-return of 55K!
Investment Info:
Condo buy & hold investment in Honolulu.
Purchase price: $525,000
Cash invested: $105,000
Sale price: $580,000
We bought this with a conventional loan & 20% down. As fir...
Cory Benhardt
How many months after turnover are you profitable?
Hey BP, I'm working on doing a full unit rehab (after the inherited tenant moved out). When we're done the rehab & get it rerented we'll conservatively cash flow 600 a month after cap-ex, repairs, etc. Do you use ...
Amanda Homan
How do I prove marijuana smell left by tenant?
We had our tenant move out early this month from our rental home in Texas. The woman who lived there (and/or her guests) were clearly smoking marijuana a lot in the house. We are having the carpets and the house clea...
Don Johnson
Renovations for Eventual Rental
Hey guys, I just bought a house in Vegas. I plan on living in the house for 1-2 years and then I plan on using this as a rental. Here are the pictures of the house. Are there any renovations that you would suggest? I ...
Kate Zolov
Advice on replacing vs painting siding
Hi everyone! I'm Kate and I'm honored to be part of your community. BP inspired me to start investing in RE in 2017. Since that time, me and my husband bought our first live-in-flip. We've finished all the work inside...
Peter Skrzypinski
Maintenance & CapEx assumptions
Hello All! I'm a new member of BP and I'm trying to take my analysis to the next level. While I have always known that I need to account for Maintenance & CapEx expenses, I've just made sure that my "cash flow...
Evan O'Brien
Investing in the Outer Banks
This past week I stayed in Kill Devil Hills in the Outer Banks, NC with family which seemed less crowded compared to Duck and Corolla but was also within short driving distance from restaurants, bars, the beach and ot...
Ian Cosley
Best improvements for class C properties
Hello there BP, I have a 4-plex ( 4 x 2bd / 1ba units ... shared laundry ) that I would rate somewhere around class C. The property is built around 1980 , and to the best of my knowledge have never been upgraded. Th...
Lucas A Davidson
Landscaping and Adding Equity
Hello there!I'm eyeing a potential new brrrr. I have my full estimate from my contractor forthcoming, but am asking about landscaping and just how much equity can I really expect out of "minimalisation" of it.The home...