John Liebau
BRRRR older converted commercial building triplex
Looking at a deal that is an old brick commercial building converted to a triplex. Have not been in the property yet but I’m assuming it needs a full rehab. It’s about 3,000 square ft with a 2/1 and two 1/1 units. Bui...
Bill E.
One or two banks?
Once I buy my first property I am going to open a separate account for rent, deposits, ect. Should I use the same bank that I have a personal checking account at or would it be easier to completely separate the two an...
Leslie Ann Carabuena
Negotiating for credits
I'm currently in contract for a triplex. Its newly renovated and has been on the market since December. The previous buyer did not push through because he lost his job during covid. When we made our offer at less than...
Todd Pickett
Residence turned investment
Investment Info:
Single-family residence buy & hold investment in Fort Worth.
Purchase price: $195,000
Cash invested: $10,000
Sale price: $370,000
It was our residence for 5 years. Held as in...
Randy F.
Resurfacing Bathtubs
Just curious how many have opted to resurface old tubs rather than replacing them. If you have, were you pleased with the results? Did they hold up in rentals?
I refinished a few tubs in the eighties will good result...
Shahar Joseph
Refinishing/glazing the bathrooms experience
I have two units I need to renovate, wanted to know if I should take out the existing tabs and replace with new or call a refinishing/glazing company to renew the bathrooms?What are your thoughts and if you can recomm...
Kellen Driscoll
Stolen hand railing, my responsibility?
Hey BP,
I had a mobile welder come out and work on a staircase. They cut the steel handrail off and apparently left it near the staircase at the back of the property. They recently went back and called me to tell me ...
Tanya F.
Gas water heater question
Not sure if this is something I want to do myself, but maybe some here have come across this issue before.Our chimney is in bad shape. Rather than repair it we are considering doing what we did at our other property,...
Kishor Thope
Self directed IRA
Hello BP members,
Thinking of converting part of my IRA into self directed IRA.
Any do's & dont's?
Has anyone invested with iplangroup?
Thanks, Kishor Thope
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...