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I have a lead on a doublewide in a nice park. The home is a 1996 doublewide and after a few repairs it would cost 18k (about). I have a singlewide rental in this park at $775 and sold a 2/2 for 10k last year. Lot rent...
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Hey everyone - my name is Michael Gaskill and I am a semi new real estate investor from the NE Ohio area. My story is a bit unique, although many may have done it, I still think it has been a different and slow approa...
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Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...
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How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
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I have always had carpet in my rentals but I’ve been hearing more praise for putting in hard floors for less expense during rental turnover. When I called in a couple of flooring guys for estimates, one recommended vi...
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What the difference between an Real estate Agent and a realtor?
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Hello BP Family,I apologize if this was asked before, I searched and couldn't find anything, but I'm sure this is a common concern.My hypothetical question: What direction do you take, when you have an empty rental pr...
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So my flip was finished in 60 days total, from purchase closing to going under contract to my buyer. It was about $30k or so in rehab cost. The buyer is using an FHA loan. The first red flag was the banker said, 'a...
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How do you go about insuring that your units stand out in their given area, attracting higher rents and more quality tenants, without overdoing it and wasting valuable money? Do most of you find only one or two differ...
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Hi, we are closing on an out-of-state property that we want to use as our first Airbnb. And we're thinking, from an investor's perspective, what kind of improvements would give us the most bang for our buck.
The hous...