Mark Yuschak
About to make an offer on a small apt complex
I'm considering a small apartment complex. It's a 19 unit. 18 one bedroom units, and 1 efficiency. All units have appliances furnished by the landlord.
There are currently 5 vacant units, but that's because they a...
Sharad M.
Create a reserve?
Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
Tim Scroggins
HELOC on our home to help fund our first deal?
My wife and I have been in the learning and research phase of investing and are wanting to take action. We shouldn’t have any issues with bank lending but funding our first rehab will be tough. Unless, we pulled from...
Scott Breier
Vancouver BC, new 15% property transfer tax
So in light of the new news of the 15% property transfer tax for foreign investors, how does everyone think this will impact the real estate market in the lower mainland? As I understand, this includes all the Metro V...
Michael Barone
Hello BP! Newbie from Greeley, Colorado
Hello BP community! My name is Michael Barone, and I live in Greeley, Colorado. I absolutely LOVE the site! I've listened to 45 podcasts already, and the wealth of information here is amazing! So, thank you ALL fo...
Thomas Ince
Tin Foil in Windows1
I'm purchasing my first apartment complex and many of the exisiting residents have tin foil in the windows. Is there a good way to get them to take it down? Has anyone on here dealt with this before? Any thoughts?
Ken T.
Should I use a handyman or a contractor?
Hello BP, it's been quite some time since I have posted. I finally have a project I'm working on! I have a project in San Francisco CA but the general contractors charge so much. I have a few questions as a first time...
Michael Wolffs
Value and expenses of in unit laundry
I'm renovating a triplex. In the process of interviewing contractors, one of them brought up the idea of putting laundry machines in the units. The alternatives are putting pay machines in the basement, or not pr...
Ross Ellington
Learning how to renovate.
Good evening everyone, I was wondering if anyone out there could help me out. I'm trying to educate myself about remodeling homes but I can't find a school out there that offers these courses. Has home improvement bec...
Justin S.
Volume Rehabbers
Has anyone employed the volume rehabbing business model versus the standard 70% minus repairs business model?
The following pertains to properties under 100K:
In my market are...