Keeton Byerly
25% Expense Ratio - How to I get it?
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
Nevin Wilkie
Paint and Cabinets recommendations
Hey you guys, I just recently finished Sheetrocking and taping my current BRRRR and now I need some suggestions on what paint and cabinets I should use. The unit consists of two beds, one office and one bathroom. This...
Samson Tefera
Contractor unable to get rid of pet odor.
The house I bought had a strong pet odor, cat urine, and as part of the scope of work, I asked contractor to eliminate that odor, however house was repainted and work 99% complete, but odor came back. Contractor assur...
Craig Asplund
How do you deduct for carpet damages?
I'm turning tenants right now and the departing occupants have dripped wax into the carpet that was brand new before they moved in. I have two thoughts on this. 1) charge for my time to remove it, which was not 100% s...
Todd Knudson
Fix and Flip
Investment Info:
Single-family residence fix & flip investment in Missouri City.
Purchase price: $233,000,000
Cash invested: $233,000,000
Sale price: $380,000
Introducing Your Stunning, Compl...
Henley H.
Short Term Rental Cleaning
After offering long term rentals for years, we recently dipped our toe in the short term rental waters. We have done all the cleaning ourselves when preparing and turning over the home and take care to do as good a j...
Matthew Paul
Sweet deal on a Dump Trailer
On jobs we usually have a dumpster , but after its gone there is always something to haul . I have a 5 x 8 utility trailer that is handy as hell , its light , easy to load and holds quite a bit . I have had this thing...
Henry Clark
Self Storage- Another one bites the dust, Camera systems
Had two units broken into, around 3:30 on a Friday. Did our normal rounds of our 7 locations. Noticed the door latches broke. Called the police once we got a download on a memory stick we gave them. Notified the tenan...
Tom Lipps
Walmart Paint in Rental? Color Place Country White
Hi BP,I just bought my first rental property (Duplex in a C+ area). $82k purchase price.I'm going to be painting this Saturday and found Brandon's article about using Walmart's cheap paint; Color Place Country White. ...
Jean Marx
Little Rock Rehab Estimate Numbers
Hi all -We've been submitting offers on SFR and small multi-family in Little Rock, AR from California. Do you have quick rehab numbers by square foot to get a general idea if it's a deal/what price point you need to b...