Christy McClung
Tenant Move Out Inspection
So… my inexperience definitely shows here. I had a tenant, let’s call him joe, move out on 8/24/21. At the time he scheduled inspection he was supposed to have everything out of the apartment and he did not. The inspe...
Carolyn Keller
Handyman and contractors getting too comfie or overbidding
Hello: Have some issues and if anyone has advice i would appreciate it!Have single family home, amazing tenants. My handyman gets a set rate for first two hours then a lower rate for each additional hour. He put me in...
Maxwell Jacas
BP Podcast breaking the Analysis Paralysis....
Spending most of my time saving and get my credit straight for my first investment and hit a wall.....just reviewing, reviewing, reviewing my "buy and hold" plan, until I couldn't anymore and then I hit a wall, until....
Benny Ng
How do I verify 50% rule?
My goal is to purchase a multi-family and owner-occupy one unit. This will be my first home purchase. I've been using the 50% rule up until now to get an idea of what the CoCR would be, but I'm seeing some huge differ...
Henry Polanco
How do I properly estimate rehab costs?
Hi all, I'm looking into getting into flips in Philly. My biggest hurdle is estimating rehab costs. What information should I use to get a close estimate for my materials and labor?I read that using x dollars per squ...
David Van
Must dos for new landlords
Hi everyone,I'm closing on a 4plex by end of this month and would like advice on what I should get ready before I get then (eg. new lease agreement, introduction letter, rent increase notices, etc.). Please advise. Th...
Rebecca Dupuis
How to Start When You Don't Know Where You'll Live Next Year
Over the past couple months, I have been ramping up on learning about real estate and the market. I have caught the bug! Due to the ongoing pandemic, I've had a lot of unknowns regarding when I will be moving for work...
Kevin Hoff
Backing out of a deal based on bad inspection
Hi everyone,I am under contract with a turnkey SFH. I received the inspection report back and there are some things that definitely concern me. There are foundation issues, minor termite damage, slanted walls and floo...
Rosalynn Rice
Need BP Community to Weigh In On This Decision... Lifestyles Unlimited
Hello there,
I attended the free introductory session for Lifestyles Unlimited this Saturday. The sales pitch was on point, very well presented! It did concern me that they didn’t consider vacancy and maintenance. ...
Lawrence M.
Rehab Estimate for Analyzing Deals
I'm starting to analyze deals in the Central PA (Carlisle, Mechanicsburg, Harrisburg, Lancaster) area. I'm looking for suggestions on how others have come up with $/sqft to use in deal analysis for Flips and BRRRR's. ...