Eric Stifel
Got my own ideas, but would love to hear from experts out there.
I have a property I originally got with intentions of wholesaling, but as fate would have it, I found some "money" partners who have agreed to back me on this adventure. So my wholesale deal is in the process of t...
Account Closed
How High Is Your Insurance Deductible?
Hello,
I am working with an insurance broker to lower my insurance payments to increase my rental cashflow. I currently have a $1,000 deductable and considering raising it. How high do you folks have it? A...
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
Michael Barnes
Best age of home for rental properties? What is too old?
How old of a house is good to buy as a rental property? From your experiences how old is too old to not have excessive repairs or other problems? What property ages have worked well for you?I am asking as someone in...
Ben M.
Do many investors not hire an inspector?
It seems a lot of the wholesaler I run into do not allow inspection contingency. Even major wholesalers like New Western and Networth.Do many experienced investor put wholesaled homes on contract without having a home...
Irma Duran
witholding a security deposit-lack of cleaning and gardening
my tenant of two years received a $70 monthly rent credit in exchange of maintaining the front and back yard. This agreement was written into the lease. The front yard was maintained but the back yard was over grown ...
Andrew S.
Dryvit over Cinderblock? Good idea? Expensive?
I'm considering a property that is built with painted cinderblock. It was built in the 50-ies and there is little insulation (I doubt the blocks are filled with foam, etc). Some of the interior is drywalled but...
Sean Kollee
inner city duplex part 29-36
With drywall complete, and the heat on, we can get some real work done on the inside. This is big project milestone post 29 - drywall completeThe crew has been hard at work hanging the board, taping begins tomorrow. ...
Stephen Spradley
How should I attack this wall?
Hey BP, I’m about to find myself with a lot of free time and thought it would be a good idea to knock out one of the projects in a home I recently purchased. We are tearing these wooden boards off from the bottom half...
Sharon Rolel
16 unit century old building
I'm looking at this building, ARV (though I plan to hold) is 750k, needs 100k at least (150k pessimistic est), and the seller is down to 425k (mortgage is 410k which I will assume, though I will have to pay back some ...