John Matthews
Foundation Repair Question
Hey BP,So I just got my first house under contract (woohoo!) and everything looks good. Rehab is pretty straight forward, except for one thing: there's definitely foundation issues. There's a pretty solid vertical cra...
Victor Eng
My First Flip (with Pics!)- Small $$ Profit - Big Exp. Profit
Hi All -My first flip closed yesterday, mostly cosmetic, and I wanted to share my experience with you guys. This was done in Massachusetts. I'll try to make it concise but it may get a bit lengthy!! I pretty much brok...
Michael Noto
Diary of a Single Family Rehab Project in Plainville, CT
Lately our investing focus has been on purchasing, rehabbing, renting out, and either refinancing or selling multifamily homes in our area. It has been a while since we did a single family project, which has largely b...
Phillip S.
Upstairs tenant overflowed tub, insurance won't pay
This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...
Daniel Guerra
Down payment for Contractors
Do you give a down payment to a Contractor before he does work?
I'm having a hard time finding contractors that would do work without a down payment.
I feel like even with a contract, a contractor could just walk ...
Joe Edwards-Hoff
Wise Rental Repair/Maintenance Tricks
Hey all,
So I have been reading around lately looking for advice on what "things" to put into a rental. I don't even know how to classify what I am looking for, so it made my searches much more narrow than what I wan...
Brit Flaggen
Landlord withholding my security deposit
Hello,I was living in a three family home in NJ for just a year. Prior to me moving in, two tenants were terminating their lease and moving out early. This was my first apartment so I didn’t think nothing of it. I am ...
Wade G.
Make sure you have a very large reserve fund for landlording?
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
Marco G.
I'm a bonehead(?): I agreed to PM suggested large rent increase
I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
Justin Lemaster
The $30,000 Nightmare
I work with a lot of out of state investors purchasing property in the Columbus, OH area. Many investors that I talk to have the notion they can purchase a 30-40k homes in a rougher area; put a little money in it and ...