Hello! First off, thank you for contributing to this incredible corner of the interweb. Amazing to see sincere dedication to helping others in such a competitive field. I have gained so much from lurking, time to ge...
Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
I’m looking for some help in evaluating a deal that I looked at this last weekend in my home town of Richland, WA. After running the numbers, I don’t think this would be a good deal at the current price, but I want to...
I just finished a BRRRR in Seattle WA.I did cash-out refi’s on my 3-plex and 4-plex, pulling a combined $168k out. Both properties still cash-flowed well after the refi’s and the 3-plex has zero of my capital left in...
I'm wondering if there is a creative way to list my rent price. Currently the utility prices are included in the rent because I don't have split meters. The problem with this is that it drives up the cost of the rent ...
Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not ...
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
Hi,I have an older HVAC unit , I think it has reached almost its end of life, I recently spent over $1500 to service and repair it. I have a new tenant that runs the AC like there is no tomorrow 24x7 without any break...
From 2003-2009 I was 20 years old and had my first real job and taste of Real Estate for a mortgage company at HomeBridge Mortgage Bankers in south Florida.It was a crazy market and a crazier place to work, but I lear...
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...