First year landlord here. I just found out that my tenant left the shower running all night while the bath was plugged. Water overflowed to the floor, causing damage to my unit. Not only that, this is a unit in a C...
I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
I just joined BP. I'm living in Poulsbo, WA. Like many people I hear in the BP podcast and other real estate podcasts for that matter, I was introduced to the idea of real estate through "Rich Dad, Poor Dad." So I too...
Hello BP, I am happy to say that I finally have an accepted offer on my first rental property purchase. This property will not conform to most of the rules out there in BP, however I feel it works for me and my situ...
I found a house on CL and contacted the seller, he's a lanlord/wholesaler. This house is a rental of his that he's getting rid of for whatever reason.
Listed on CL for 44.
After brief txting/emailing, not looking at ...
Hello, I’m just got my Real Estate License one month ago and immediately got listing. And received multiple offers. I feel my managing broker was not helpful. I did not have any experience or training. My client signe...
I’m currently pursuing Multifamily deals 10-50 units in size and am curious how others are treating in their own analysis line items that sellers vary in how they are presented. For costs associated with unit rollover...
Hi gys - I find that getting a correct and trustworthy estimate for "paint and general repair" - is much more difficult than "standard rehab" items.Standard Items like flooring, kitchen counter-tops, cabinets & ap...
I just completed my second deal a little over a week ago. What a process that began in February. Due to COVID and a bad loan officer it took over six mo the to close on this property. The property is a mixed use build...
I have 5 adjacent properties that I've been thinking about getting under contract for a wholesale deal. They were all vandalized, copper stripped, and they are all in a warzone. I'm looking at possibly getting the pro...