Rob C.
Is it really that important to hire contractors that are insured?
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Chiagozie Fawole
Just closed: a 12-unit apartment complex
I got interested in real estate last summer and joined BiggerPockets. My goal at the time was to own a 5-unit apartment complex "one day," but it came sooner than I expected. We closed on a 12-unit last Friday!I learn...
Joe S.
How’s people finding reasonably priced help to work on rehabs
How’s folks finding new help to work on properties? It seems like even the unlicensed, uninsured, and no company name etc. is pulling prices out of the hat thinking they can get it.
Chan K.
Plumber fixed pipe leak But found non-compliance code
HelloHappy New Year everyone....I just want to discuss some findings that came up recently when fixing my pipe leak.So last week, I have a pipe leak in my basement at one of my properties. I called the local plumber. ...
Chris Johnson
Selling our rehab business as a going concern
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
Justin Tahilramani
Purpose Build STR Duplex
Hello BP Members,I'm starting a new project and I wanted to take a moment to share it with the community. Please feel free to ask questions and make suggestions. I hope that this post will help others that are contemp...
Denise Evans
Smoke Detectors in Rental Properties
An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...
Sharon Vornholt
Exit Strategies For Wholesaling. What Is a Double Closing?
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
Michael Healy
What if you're not handy???
So, something has always bugged me a little bit reading these forums and blog posts. If someone is self managing a few MFH, why does everyone seem to feel they have to run over at 3am to deal with a clogged toilet? W...
Cherish D.
I have to convert my Airbnb to a negative cash flow rental SELL?
So I purchased my first home as an investment short term rental near Disneyland in Anaheim CA. I've owned the property for 2 years and now the city has changed the laws and no longer allows short term rentals. The nei...