Krishna Shiwdin
Going into second interview need help please.
I worked for my parents company they own 100 units half in the Bronx and half in Manhattan. I've interviewed at a real estate mgmt company that owns 400 condos/co-ops and rents them (will still be helping my parents, ...
Craig M
Experiences rehabbing in tract housing neighborhoods
The suburbs around Austin are flooded with cookie cutter tract houses. What are your experiences, good or bad, rehabbing homes in areas like this? It seems at any given time you can find 2-3 houses with the exact sa...
Marshall Adams
New Member Introduction from Savannah, GA
Hi BP community!My name is Marshall and I live in Savannah, GA. I am a mechanical engineer by degree and work experience, but left my most recent corporate job (had been there for 10 years) in April of this year (I t...
Lisa K.
Decision on replacing carpet due to heavy smoker tenants.
I am trying to make a decision on what to replace the carpet with, damaged due to heavy smokers. Since it was carpet before and I am wanting to do away with carpet upstairs. How would I go about to deduct from tenant'...
Jon Elson
What is the Standard Contractor Profit in Rehab?
How much does your contractor usually charge on top of his (or her) subs to manage a rehab job? I am working with my first contractor, the prices he's getting from his subs are very reasonable, but he's charging 10% ...
Maneesh Joshi
Big Issue at Final Walk through
Hello All, I am in the process of buying a rental property in Philly and I live out of state. We were to close today so I had my agent do a final walk through yesterday. When he got there he found that the bathroom o...
Christian Kama
Obtaining a mortgage with a small income
What are some mortgage loans that I could potentially qualify for with a small income? So i have an awesome lender helping me out but I was told I could only potentially get approved for mid $200,000! My income of $30...
Mark Fries
Using a property manager is over-rated
I've been heavily investing in single-family rental homes in Jacksonville Florida for the past 5 years. I definitely don't have all the answers and I'm still learning everyday but with a portfolio consisting of over 3...
Nick Brubaker
Help! Zillow scammer! What should I do?
Hello all,I am trying to find a tenant for my first rental property (sfh). I posted my ad to Zillow, Trulia, and Hotpads (all through Zillow), as well as Craigslist. Yesterday I called a prospective tenant for the f...
Hao Kung
First 4 plex offer/conservative analysis
Hi, I made my first offer on a 4x plex recently in las vegas. Its an older home built in the early 1970's with 4x3bd. I want to be fairly conservative with my analysis since I want a fairly big margin of safety.
Re...