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My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
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I went through a final walk through before closing and everything that I requested to be fixed seemed to either be fixed or had been "tacked in place" to appear fixed. I got it. The sellers really didn't have the m...
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Hi everyone, I need some advice, please. I’m just getting started with my real estate journey and right now I’m in the process of buying my first rental property. I plan to live in one unit and rent out the rest to ot...
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Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
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I’ve recently read @Joe Fairless' awesome book The Best Ever Apartment Syndication Book, with the intention of getting more active in multifamily apartment investing. It is literally a thorough step by step process of...
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I just went through my first major tenant turnover on a 2000 sf house. It wasn't that bad, just cleaning and minor stuff and finding a new tenant. It took us 15 days total, and I documented the entire process here on ...
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Is it really that bad to use an unlicensed/uninsured handyman for work on my rental property if I have good insurance?
My property manager is giving me grief because I am trying to hire cheaper guys for thing...
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Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...