Henry Clark
Self Storage- security system success
Traveling in Malta and now in Florence Italy for new years. About an 8 hour time difference but our alarm systems are 24/7. Got an alarm the other night. Called our local sheriff department. They called back about...
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...
Dinesh T.
Convert Carpet to Laminate while Tenant is in place
I own a 2 bedroom condo and I want to change the carpet in the living room to laminate. Can we do this while the tenant is still in place? Does that create any hazardous conditions while the work is going on?-Dinesh,
Deyu Wang
Does fixing the foundation raise the ARV?
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
Lisa Lavie
TO UPGRADE A RENTAL PROPERTY OR NOT?
I have a rental property in Montreal that I purchased a year ago as a foreclosure. Upon purchase, tenants already resided in it & we signed a lease for a year. When they were approaching the end of their lease (la...
Colin Merrill
Building a Wordpress site for rent collection and repair requests
Hi BP,So I've come to the realization that rent collection and getting calls from tenants is taking up way to much of my time that could be better served building the business. There are services out there such as Co...
Mosun Mah
Los Angeles Home Builders Question - cost per sq ft
Hi Contractors and BPers, What is a good "binding bid" estimate to build a mid-century modern single family home in Los Angeles with quality materials? And considers overhead and contractor profit? Not luxury, but ver...
Emma Duncan
Breaking down my first deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $25,000
Cash invested: $35,000
Sale price: $80,000
Brrrr’d this one and have a long term tenant renting it out....
Jimmy Lieu
How do I know if a repair would increase rental value?
How do I know if fixing a cosmetic issue or doing a specific rehab would increase the rental value of a property?For example, after I close a property, I will be fixing everything on the inspection list. However, insp...
Becca Cross
WHAT TO DO: Constant Evictions, High Maintenance Costs, Poor MGMT
To say the least, we're overwhelmed. My mom has owned her rental property for the last 12 years located 2 hours out of state. She's been an absentee landlord for the duration, and we continue to encounter problems wit...