John Hall
Mobile Homes - Rent or Flip?
So I've made a few calls today on some MHs in the area, I can pick up 3 now for a total of 10,000. I would imagine I could get them all for around 7k.
the lot rent on these range from 3-600, the CF from these would b...
Burt L.
Do You Prefer an I-Phone or Galaxy 3 (Android) for Your Real Estate Activities and Posting at Bigger Pockets?
I"m trying to choose between the new Iphone 5 and the Samsung Galaxy 3 and the reviews are mixed, so I thought to ask those who use them regularly here; I also suspect that most of the regular contributers at BP are u...
Christina R.
Basement drainage - installing drain, sump pump, etc
Hi!I live in Maryland and have family that may be installing a sump pump/interior drain system in their unfinished cinder block foundation basement. The house was built in 1968. I know nothing about this trade of co...
Ronald Roetsel
Security Deposit Deduction - Damaged Irreplaceable Items (Parts)
Hi,How would you estimate security deposit deduction if a tenant broke almost all shelves, bins, and drawers in a high end fridge? The fridge was bough approx 5 years ago for ~$2K and unfortunately neither manufacture...
Joel Owens
Brick & Mortar Retailers achieve level playing field- sales tax
The Supreme Court delivered a major victory to the retail real estate industry on Thursday, ruling that states can require most online retailers to collect and remit sales taxes. This overturns an earlier decision hol...
Brian Zaug
Main sewer line damaged the day before closing
Always make sure you do a quick inspection right before the closing on any property you are buying. Here is why..I was scheduled to close at 9:30 today, went to the house and saw an active sewer leak in the basement....
Scott C.
Cash reserves: How much should a buy and hold investor have?
I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
Nicholas Creahan
Do tenants really get their own appliances?
Hello BP community! Just put a place into contract in the west Cleveland area! Upon doing due diligence, the owner of the house doesn’t own the appliances, they are rented by the tenants. Is this normal for this area?...
Jonathan Wheeler
Fire damage flip - Things to know
I just recently came across a property that has extensive fire damage. Have not done a walkthrough yet. Did a drive by and the exterior is intact as is the roof. So it seems the fire was contained mainly to the first ...
Jon Martin
Do guests even use dressers?
I know I never do. Looking through listings recently I've noticed that a lot of them don't have dressers, and if they do you can tell it's mostly decorative because they don't look very useful (short/shallow drawers, ...