Damon Albers
owned a property with a tenant for five days before they vacated
Hello All, I purchased a property from a turnkey company that was acting as the realtor from a home they had rehabbed, sold and managed for the previous owner. I took ownership on the property 9-29-2021 with the curre...
Brian Pleshek
My First Auction
How did I do on this deal?So, I decided to purchase a second rental property. The property I found was a SFH on foreclosure auction. The price I finally bid was $76k with approximately $4k closing and buyer's premiu...
Joseph L.
Multifamily Before and After Renovation
Hello Everyone,I thought it would be a good idea to share my progress on a multifamily property renovation here in Baton Rouge, Louisiana. I will share many before and after photos as well as the numbers involved as t...
Dean Valadez
Tenant Turnover Q's: timeframe and cost expectations
Hello,I have been hearing on BP podcasts that tenant turnovers can equal about $6000-8000 (one host even said up to $10k, if I recall correctly) when lost rent and repair/upgrade costs are factored together. That seem...
Matthew McLean
Canada Foreclosure in Boom Town BUT....serious problems
Hi Folks,
Came across a deal in a boom town and wanted to see if it was actually a deal. Keep in mind this is in British Columbia (BC) Canada so some things differ but any advice is still welcomed. The aim is...
Justin Eaton
Home Inspector vs. Flipper BEEF! (with pics!)
Hello BP world! I have been considering writing an article on this topic for some time, so here goes. Full disclosure: I am an active real estate investor who has performed various flips and I own some rental propert...
Heather De lap
Water bill is very high and no visible leaks
So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we...
John Blackman
Crowd Funded New Construction Diary
Thank you @J Scott for starting the new construction diary. It's been our inspiration to do one of our own now. In this thread we are going to track the progress of our first Crowd Funded new construction project in...
Eric Campbell
Student rental process
Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
Will Barnard
Ready for 7 digit success stories?
I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...