Carlos Vega
When your rehab starts to go over budget...
I bought my first property (duplex) back in June of '18 via the "House Hacking" Method Purchase price was 90k with an ARV of ~130k. My initial Rehab/ repair budget was 15k.Goal was to get the work done and cash out re...
Robert Mendenhall
Older area home issues
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
Matt B.
Do you guys allow cats in your rentals?
hi guys, I'm renting out my first property and we have a prospective tenant who has 780 credit score great income and seems like the kind of person I would want to rent to. The only problem is I put on my ads that's I...
Scott Zeiger
Appliances
How do you guys handle appliances in single family homes? Provide them, provide some, none, charge more for them?
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
Praveen Balaji
How much difference does repainting make in attracting renters?
I am close to purchasing my first SFH rental. The interiors are painted beige. The paint is fine - it just needs a little touch up here and there. My property manager took a tour of the house today and gave me a (low ...
Sharad M.
Sub$30k - Property pictures
MODERATOR: LET ME TRY AGAIN. IF YOUR POST HERE IS ANY SORT OF AD, NO MATTER HOW SUBTLE, IT WILL BE REMOVED!
MODERATOR: PLEASE POST PICTURES ONLY OF HOUSES YOU'VE PURCHASED INTENDING TO HOLD. DO NOT POST P...
Bryan H.
Why do contractors only send the estimate 10%-25% of the time?
BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Zane O.
Listing won't sell
We have a home that has been on the market for over a year now, and we've yet to get an offer, even after multiple marketing strategies have been tried.Home info:- High-end neighborhood- 4,046 sq. ft. 5+ bed, 4 bath, ...