Paul Ferrara
When to list your rehab
hello - new here - i am a Realtor and first time flipper - do you guys put your house on the market while still renovating or wait until complete? and if done before complete, do you open the house under construction ...
Jake Walton
Tenant Was Arrested
As the title suggests, I'm in a curious situation...One of my tenants was arrested last week (8/31). Her current lease expires on 9/9. I've been in contact with a friend of hers and her aunt to clear out most of the i...
Ram Ranga
Inspection Items - Proceed or Not to Proceed
I am on contract with my first property and just got the inspection report back. This will be my first investment property and I am not sure how to handle all of the suggestions from the inspector. Want to hear from y...
Brian Fitzpatrick
What do you chris security deposit for?
My renters just moved out of the our condo and we are doing or first round of lease ending and renting out to a new couple. What do you charge against the security deposit... the walls are a mess with holes everywhere...
Felix Isuk
Seeking Advice: Handling Hazardous Items in a Potential Fix and Flip Home Evaluation
Hello, BP community!I'm starting my journey in the world of fix and flips. This would be my first investment property and I'd appreciate your input on this potential opportunity.I received the home evaluation report f...
Ryan Ford
What items do you include in your capital expenditure fund?
So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
Mike Lynch
Getting Home Ready For Appraiser
Hi,My wife and I are almost ready to call to Appraiser for our first home flip. The home was built in 2001. He or She will come out and take measurements, photos, etc. Question: Since we did a considerable amount of...
Dana Holland
What inspection items should I fix?
I'm selling a property for the first time. We are under contract with a buyer, and they had their inspection done. They are asking for some things that in my opinion are really petty. I'm wondering of the following...
Miles Stanley
IRS Definition of Cap Ex Items
Hello all,I have seen several posts about confusion between what is considered CapEx, maintenance and repairs. To me, repairs and maintenance can almost be combined (assuming CapEx items exclude repairs and are their...
Benjamin Aaker
Absolute NNN Diligence Question
Questions for commercial investors out there: 1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request? 2. Do these items change for you if the property...