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Tenants trashed Rental before they Moved out this past July 1. What should I detail in filing Claim w/ their Renters Insurance company? They trashed the floors (carpet & LVP), damaged the washing machine & d...
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Hi all! Still kind of new to all of this, so bear with me...My husband and I have a duplex (he had it built in '96) and it's nearly paid off ($38k left). Thing is, we're not seeing much (if any) return. Never have. To...
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Hello everyone, I am new to the real estate world, and I was wondering if those who have done live-in flips do their numbers any differently for those versus a normal flip. For me, I feel that the numbers would differ...
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Hi All! I have 2 rental properties that I purchased this summer (yay!), neither of them were BRRRRs. Just getting my feet wet in real estate. Now I am shifting to targeting a good BRRRR property. I am in need of some ...
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Hi BP,I have question regarding cashflow and if all investors REALLY require it from Day 1. Here's the background:I'm taking a course at UCLA taught by Jon Swire, the author of There's No Free Lunch in Real Estate, an...
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Tenant signed a one year lease and breaking it in 6 months. Says her son was suppose to move in with her but never showed up. According to what she put on her Rental app. She seems to be able to afford it herself, b...
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BP Community,This is Shawn Ward of Belle Hampton Properties in Los Angeles. My partner and I just purchased our next flip in South Los Angeles and decided that instead of posting a success story at the end (which I st...
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Hi All,This may be a newbie question, but what tools would you consider "must haves" when planning to do at least some rehab work yourself on properties. Think painting, some flooring, replacing vanities/toilets, putt...
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Hi BP Community!Recently, I’ve been thinking about purchasing a 2/2 SFR with a garage, and converting the garage to a 3rd bedroom.I think this is a good strategy because you can purchase a home at a cheaper price (com...
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Hey all,
We are scheduled to close tomorrow on the sale of a property we rehabbed (woo-hoo!). This is my first rehab, and we will make a decent profit (again, woo-hoo!) ... however, the profit is nothing close to wha...