Calvin Lipscomb
GC Scope of Work Needed for Loans
Helllloooo BP in Chicago. Your newbie needs your expertise and experience. How long will does it take to write up a needed scope of work to present to the bank, rough guidelines would be very helpful. Also, what sh...
Donald Yang
MTR Property Management
Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...
Daniel Z Fang
Memphis Turnkey Tenant Turnover Costs
Hello bp community,
After closing on a SFH turnkey property with a well-known provider in Memphis, my tenants stayed for a full 2 years. I collected about $300 / month in cashflow with relatively few repairs/maintena...
Nathan Gesner
This is why you should inspect regularly!
Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...
Jayden Hamilton
When a tenant moves out, what all should I clean or fix
When a tenant moves out of your rental house, what all needs to be done before re-renting your home? Do I need to fix anything or clean anything in particular before listing my home for rent again...
Paul Ross
First Flip, how do you avoid scope creep and diminishing returns?
Ok so this will be my first flip. It's a 2 BR 1 bath house. As I look at it .. there could be simple ways to "Spruce it up" and then there can be more complex ways. How do you determine exactly what you should do. Bec...
Wilson Vanhook
How to get construction loan with high DTI?
I have some really exciting ideas I'd like to make come to fruition for a newly built luxury honeymoon cabin in Broken Bow, OK. I know the market very well as I already own a couple of cabins in Broken Bow, and I own ...
Donny Random
Tenant Theft: Is this a civil or criminal?
Tenant broken lock off crawlspace door and stole lawnmower.Would this be a civil or criminal matter?
Lj Pirate
Should I Replace the door?
We are between tenants. During cleaning I see the back door which is metal with a large window was broken. The inside pane of double panes of glass was obviously broken. Shards of glass are visible all around the...
Dave Smith
Camera in the basement
I live in Massachusetts. One of my basement windows was broken and I'm not sure if the tenant accidentally broke the windows and not tell me or it was mother nature. Tenant have access to the washer/dryer in the basem...