I have just acquired my first rental property, a 4-plex, and will be updating each unit as the current tenant moves out. The biggest line item in each unit is flooring, currently each unit has carpet in every room exc...
Tenant moved out. Walls need touch ups and two bathroom cabinets are de-laminating (excess water dripping and not cleaning). The baseboards have knicks on all of them. One has a piece of it taken out. Is the water da...
On the most recent tax episode with Amanda and Brandon, they talked about 100% bonus depreciation which you can use with an Air BNB business. My question: my husband and I will be building a garage with an apartment o...
Good morning all,I just had a quick question. How are you guys selecting your contractors and materials to do a rehab. Are you utilizing multiple contractors or one General Contractor? As for materials and the such, a...
I know there are a couple of threads on the cost of furnishing a STR and they do appear to vary greatly (size, market, target audience etc.) and I'd still love to hear about cost but some of my other questions for the...
Hello BP,I'm sad to say an amazing deal might have fallen through my fingers. There was another buyer who put in an offer a week before mine and his offer was less money but also less time. I didn't know the sellers w...
I am working a cost analysis for my current remodel and wanted to ask the users of BP where they are looking for rehab materials.Lowes / Home DepotCraigslist Habitat for HumanityDiscount Stores (Home Emporium, Ect)I i...
I decided to advertise a Furnished apartment in our 60 unit complex.. We are located next to a Major University and have alot of students who come here from other countries with absolutley nothing.. and they end up go...
Brand new to the forums and to real estate investing. Totally new direction for my career that began back in January 2020 when I got my real estate license. Real estate investing is the next step for me and my family...
I'm offering on a property and I think I can raise rents 20% based on making some improvements. It's an upstairs/downstairs townhome, 2BR/2.5BA with the half downstairs. Take a look at my current conditions and propos...