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I haven't been around in a bit because I've been so busy meeting the incredible demand we've been experiencing. I increased rates by 50%, increased min stays from 3 to 5 days and decreased occupancy from 14 to 10 (to ...
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Hi All,Where is the line between an overage the investor is responsible for vs the contractor. The house is a full gut job and was assumed that nothing would be usable or salvageable. One line item in the scope of wor...
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We are looking to build a home in Massachusetts area. What might be the approximate profit that a homebuilder makes in a $750K, 2800 sqft new construction ($100K for land acquisition included in the deal)? Home builde...
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A bank that I have 2 mortgages with from 17’ and 18’ has sent me an email requesting an updated personal financial statement and tax returns. I was a little surprised being unaware of my responsibilities to maintain t...
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Hello everyone,
Can anyone please advice me with some good property management in Moncton, NB. and if we have some experienced investors from Moncton area, I would like to get some knowledge on the area,I am pla...
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I didn't find any recent post related to this topic so I thought I'll start a new discussion. I see a lot of houses being torn down and new construction coming up in my Bay Area, California neighborhood.I am curious t...
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Hello,
Looking to install a small wet bar on the top level of one of my rentals in Philadelphia. Looking to see the average expected cost of the project (e.g. small fridge, counter, plumbing, and possibly a wine rac...
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Hey BPers,I'm a wholesaler from Miami, Florida. My partner and I started out as lead managers and have been doing business on our own for almost a year now. I'm having some difficulty finding a motivated acquisitions ...
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I hired a contractor to rehab a rental home I purchased back in September. For no reason, the job took two weeks longer than expected. The tenant was scheduled to move in on November 1st and he told me that the job wa...
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Hi,
I am buying a new rental property out of state and will be relying heavily on a property management to run daily operations for me.
There are tenants already in the property and a property manager in place that t...