My business partner and I are looking to flip our first investment. I wanted to see if anyone hires a crew to demo the walls and accessories. My thought is that if I could hire a small crew they could complete the dem...
Brand new to the site and looking to purchase first investment property. Located a NNN two tenant 2600 sq. ft building built in 2003 and renovated in 2016. The numbers are: Price $600KCap rate: 7.0%NOI: $41, 625One te...
What do you do when withholding deposit money when a tenant leaves? I understand if there is professionals you have to hire, then that bill is easy. But what about issues, you take care of yourself? If you steam the c...
What to do when Tenant goes without paying for 2 months and now is Missing and not staying at the property but has left all clothes and other stuff in there.
I know the cleaning costs is going to vary pending on how often you have it booked. But my question is is what would we say the average cost of cleaning yearly is? A good guess would be nice just as I piddle around an...
My business partner and I bought a foreclosed property on Monday and settled the next day with the trustee of the sale. The deed was then mailed to our home and we will file it this week. It seemed like a cut and do...
Hi Fellow BP Fans,
For those of you familiar with home warranties, what are your opinions on having a HW on each rental property annually? Here in Utah they cost between $400-600/yr and, when not trying to wiggle th...
Hi All,
We are under contract on our first property intended to be an STR! We're very excited! This is an A-Frame home (about 1,700 sq. ft.) in the mountains of Colorado. Someone with a home in the mountains mentione...
Do I need to hire a lawyer to read over the deed and other legal documents? Would my real estate agent be able to handle that kind of task?
What do you absolutely make sure is in your short term rentals when first stocking them? Obviously, a bed, sheets/towels, dishes. But what are the smaller things you do to stand out? What are some things that are easy...