Just Don
Refinish pine floors or install 'Pergo" or laminate?
I am at odds with the guy helping me reno my reno. He says just buy carpet. He hasnt run rentals to see what happens to rental carpet. I am so tired of replacing carpet. Going to wood floor,,,they can buy a area c...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Edward Smith
Zillow sued over 'Zestimate' by Glenview homeowner
Thought this was a good read from CRAIN'S A Glenview lawyer sued Zillow, alleging that the real estate site's relatively modest estimate of her home's value has created a "roadblock" to selling at what she thinks it's...
Chris Bingham
What systems and processes do you have in place as a landlord?
Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
Silvie T.
Tenant Damage, Small Claims, Serving, & Collecting
Hi all! Looking for some help from experienced landlords. We had tenants move out at the end of June and we were stuck with a huge damage bill. The total amount of damage is close to $18k, which far exceeds their se...
Jeff Morelock
Seven Questions Inexperienced Wholesalers Hate
Are you going to risk thousands of dollars buying a property from a wholesaler? You better make sure they know what they’re doing, or you can lose every single penny.By asking seven simple questions, you can separat...
Eric Munson
Diary of a BRRR in Deltona Fl from Ct
I have a 2/2/2 under contract in Deltona Florida. The property was inherited by 3 grandkids who have owned it for a little over a year. The monthly bills were a problem for them as they did not have the money to keep ...
David Beard
Post Frame Home Construction
I was curious if anyone out there has had experience with both the construction and/or economics of building new pole barn homes in rural areas that are within commuting distance of a sizable metro area.
I ha...
Randy B.
Does updating a rental property tend to bring a higher caliber of renter?
We have two 4/2.5 SFRs in Murrieta, CA that were built in 1988. They have never been updated so they still have those ugly oak cabinets in the kitchen and bathrooms as well as the old fixtures and plastic shower/tubs ...
J Scott
SFH Rental Analysis (Spreadsheet)
As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...