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Do you guys take photos and document the condition of your rentals when a tenant moves in and also moves out? If so, why or why not?
Do you allow the tenants to see those photos if they ask or dispute a charge when ...
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Hey everyone! I desperately need some help!! Last September my husband, my brother-in-law, and myself partnered and bought a our first flip project. We bought the property for 122,0000. After a complete rehab, two con...
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I have been calling on ads on craig's list. The only motivated sellers that I have been able to find have run down old trailers. Definitely not "Lonnie Deals". Lonnie says that he finds homes that are no older than 20...
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I am buying 11 houses from a retiring investor in which he collects rent at different dates for different tenants. He knows when they get paid and has always collected on dates when they get paid. Ideally, I'd like ...
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Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
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For some of you who have followed my previous posts and have reached out to me, you’ll know that I made a decision a few years ago during the height of the pandemic to change strategies from house flipping with invest...
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...
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So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...
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I have no problem admitting that I don't know squat about renovating or rehabbing a house. I had always thought those kinds of topics were for more "advanced" investors or actual hobbyists rather than beginners. Howev...
I've heard stories about people blowing out their budgets because of codes related to things like window size/height in bedrooms, electrical and plumbing stuff, even things like having to expand the waste lines when a...