Dean Valadez
Tenant Turnover Q's: timeframe and cost expectations
Hello,I have been hearing on BP podcasts that tenant turnovers can equal about $6000-8000 (one host even said up to $10k, if I recall correctly) when lost rent and repair/upgrade costs are factored together. That seem...
Justin Goodin
Renovation Cost Breakdown
I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS frid...
Scott P.
Handling seller saying "There is no lead paint"
I am looking to purchase my first multifamily, and 8-unit building built in 1920. This is in Massachusetts.I asked about lead paint, and the response was that the unit was rehabbed in the 1980s and the seller thinks h...
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
Am a NY licensed contractor who moved out here to LA county barely a year ago.. my CA contractor license is still pending. So in the mean time, I been keeping busy with working on my own properties and a few small lan...
Matthew Barbaccia
Sourcing a reliable contractor for rehab in Queens NY
Hey everyone,
I'm currently working on a rehab project involving a 6 bed 5 bath two family home in Flushing, New York. I've worked on several smaller projects in the past but this is by far the largest rehab I've don...
Britton Kershner
New Investor to Philly
It seems like home prices have appreciated faster than rents in many of the strong markets directly around downtown Philly which makes it harder to positively cash flow properties. Are there certain pockets of Philly ...
Account Closed
Recommendation for East Bay Area Paint Crew?
I need a fast and cheap painting crew for a rental in Berkeley. I have no contracting resources in the Bay Area and am used to affordable fast crews here in So Cal. Job is one 16 x 10 room. Ceiling, walls, trim...
Pete Perez
Quoted $3500 for repairs in bedroom. Seem accurate?
Hi Everyone,Quick question: Does $3,560 seem reasonable? Was talking to a GC and he quoted me that price at around 50 man hours. I don't think its unreasonable, but just curious what BP thought.Scope of work: Install ...
Joshua Sun
Advice on how to pay for labor, equpiment and supplies first BRRRR property.
For labor we were thinking of using our business checking account to wire money or even use Venmo through our business account.For things such as furnace, flooring, paint, lighting, etc. we were thinking of using our ...
Lisa Barnes
Is $12K a reasonable estimate for this new bathroom?
I'm in Columbus Ohio and I'm looking at a SF which will need some work that I need a budget for. I'm thinking $12K as an estimate but very unsure because this will only be my second investment property, and no contra...