Josh L.
Fixture- Who gets to keep what?
In my rental, there's this open loft /room that used to look like this:Tenants in the past used that space as another bedroom even though its small and didn't have any closets. But, the biggest hurdle to using it as a...
Account Closed
Using Owner-Financing As A Source of Income Investment
I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.
I have purchased two properties in the past with ow...
Tarun Kapoor
Please advise on how to save $2,000
Hi everyone,
We closed on our first four-plex on 4/15. And needless to say, we are nervous !!!
1 tenant has left and the other 3 are leaving in the next 1-2 months. The building is 100 years old, is structurally goo...
Curt Bixel
Rehab Bids $70,000 or $120,000?
I am interested in some feedback. I am a long time landlord and have typically done most of the work on properties myself. I am currently thinking about purchasing and fully rehabbing a property, but it is a large e...
Daniel Z Fang
Memphis Turnkey Tenant Turnover Costs
Hello bp community,
After closing on a SFH turnkey property with a well-known provider in Memphis, my tenants stayed for a full 2 years. I collected about $300 / month in cashflow with relatively few repairs/maintena...
Valerie Smith
Painting cabinets-BRRRR return on investment
Looking at a duplex listed for $106k to BRRRR. We think it could maybe appraise around $130k ARV. It’s in a B neighborhood. They have 90’s oak cabinets with off-white Formica countertops. One thought is we don’t want ...
Mark K.
Older windows, fix or replace?
I have a triplex that was built in 1995. It was abused over the years. I bought it two years ago. It took me until now, but I've gotten the inherited tenants out, renovated each unit, cleaned the place up, replumbe...
Byron Bailey
Tenant used known broken toilet & caused water damage
Hi all,Enjoying an annoying landlord experience and would love your advice.Tenant reported the master toilet to be leaking slightly from the handle. We got a maintenance guy out to inspect and repair, but he didn't h...
Tim Puffer
Owner Occupied duplex - Deal breakdown
Ok guys. I'm looking at this duplex that is a homepath property to owner occupy for the first year. Each unit is a 2/1, approx. 1,000 sq ft, has separate full basements and 1 car garage, built in 1976. Each unit needs...
Ryan Young
First Investment Property!
After looking and looking for over 6 months, finally got my first deal done. Here are a few of the specifics:List Price - $79,900Purchase Price - $65,000Rent - $800/monthA week ago, the owner signed a lease agreement...