Nick Miller
What do you do to minimize tenant turnover?
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
Mike Welch
Managing PM's: Questionable Repair Charges
On my recent property statement, I've noticed a charge I think looks ridiculous. I'm wondering how experienced property owners who work with PM's would handle this matter.
I acquired and rehabbed my first property i...
Justin Howe
First Deal - 4 Plex?
Hey everyone,I found a 4 plex and want your input on the deal. This will be my first investment property. I own a SFR that is three miles away so it would be easier to self-manage. For calculations, I included managem...
Jesse Buchanan
Contractors versus running crews for fix and flips
A partner and I are in the midst of two fix and flips northeast of Tulsa and haven't been particularly impressed with the quality and speed of licensed contractors. For what seemed like a decent amount of money there ...
Matthew Lewis
Questions about "adding value"
So I totally understand how to add value to a rundown property by doing the work myself -- it's good old-fashioned sweat equity (more properly termed "trading time for money.")What I don't understand is how it works t...
George P.
Washer died. Replace or repair.
A 9 y.o. Whirpool washer just died in the rental unit. My first reaction was to replace it with new (for no more than $500, some basic washer). But then I thought of fixing it - but since I never dealt with fixing,...
Joel Owens
Physical labor is SOOO overated!
Oh man today I took out the old carpet out of my mom's ranch apartment. It's a little 850 sq ft with nobody above or below on the ground level.
Senior community 55+. Getting the management to send any kind of repair ...
Joseph L.
How much $ to spend udating to raise rents by $300
Hey guys,
Just purchased my first Condo property and wanted to get some thoughts about putting money in and upgrading.
Currently the unit is rented for $900 and they know this is under under market value so they are w...
Ossamah S.
Looking to build a custom home - where to start?
I am tired of looking for the "right" house and have decided to take a plunge into building one for myself. Where should I even start?
Kenneth LaVoie
repairs and capex too high, tips?
Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...