Aleksey F.
Cracks & Bowing Plaster - Repair Question
Hello everyone,Making my first offer on a property and a first 1st post here! This is a 1935 duplex that I will rent out. Having a tough time estimating the cost of plaster repair (cant bring a contractor until after ...
Jamie Scharbrough
Wanting the landlord to keep the security deposit because he's awesome
So we're getting ready to move. I've looked over our old lease and we seem to be okay. However, we've lived in this unit for almost 8 years, and the wear and tear is definitely more than yearly tenants. I know our pre...
Kolton Gutierrez
Need some advice on a duplex
Hey BP. I’m under contract on a duplex for 165. The inspection came back stating the roof needs inspection possible repair. Seller said it’s an as is sale. My realtor said that he doesn’t think it will appraise much h...
Omid Sadeghi
When (and to what extent) should Multi-Family Units be improved?
Curious about your approach and strategy. I have an 8 Unit apartment building in Los Feliz, Los Angeles, CA. One of my units is now vacant. I could slap on some new paint and make minor repairs to get same/similar ren...
Galen Bricker
Do you paint paneling in your units?
I am thinking about purchasing a foreclosed three unit which was remodeled in the 1980's with wood paneling everywhere. It has been well maintained but just looks very dated in my opinion. The property is in a downto...
Dee Georgian
Lender Wants repairs made prior to closing
Coming into the closing scheduled for next week on a single family home and the lender hit us with some repairs required prior to closing, or place money in escrow yesterday based on professional licensed contractor q...
Steve S.
Question about how to fix a french drain
One of my rentals has an angled driveway with what I believe is a french drain (image below). Whenever it rains, sediment gets clogged up in the box (circled in blue) and if I go in and scoop it out, the water drains...
Max Emory
Take a Hard Look at Your Expenses to Increase Cash Flow
For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...
Rhonda Nelson
How to calculate Tenant's Monetary Responsibility of Wall Damages Requiring Drywall
Tenant moved out and left countless large wall and nail holes / baseboard damage / drywall tears due to adhesive removal, etc. I had to paint the entire house due of the multiple areas of damage. How do I calculate ...
Ryan Cormier
Basement Studio Apartment?
I am buying a 3 unit house with a basement (4th unit) that was built but not permitted. I am new to bigger pockets and real estate and am hoping someone may be able to give me a bulletpoint step list of how to go abou...