Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $73,000
Cash invested: $21,520
Contributors:
Stephanie Jones
Second Turnkey Property OOS...
Hello BP Friends!My wife and I just bought our first long-distance rental property (woohoo!), we are rehabbing it to flip-worthy status and there are a few big things and a lot of little things that need to be done. S...
Any experts on roofing who can tell me if this looks like a good quote? I;m sure it does but are those good "coil fasteners", and does a city require a permit for this, I dont think so, and my biggest question here i...
Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
Hey my friend and I are rehabbing a little 1500 sq. ft. 1950's home. Its a ranch and the roof is fine, no warping on the wood, no shingles missing or broken, no leaks. However they are grey, faded and very ugly. I don...
We are dedicated long-termers. We buy, thoughtfully renovate with resilient materials and finishes ("Bulletproof Chic") and then rent. Our focus is on SFRs. Recently we've been working to consolidate into tighter g...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
4,000 SF Mix-Use building consisting of three apartment units and 1 commercial space. The building was acquired vacant and will rece...
Thanks so much for your great advice in the past. I have a quick question concerning potential mold: I am renting a 2004 built, 3 bedroom, 2 bath home in a fairly dry climate. My tenants informed me on Wednesday, (2 d...
There is a leak dripping away from the basement ceiling in one of my units. It is definitely not coming from a pipe in the basement. We were notified about it by the tenant this morning. It appears to be slowly fillin...
Lookin for advice. :)Just made an offer on a duplex. Site unseen. Sent the earnest money. I’ve looked at pics and those look fine. But we know you can’t trust pics.Should I have at least asked for a virtual tour for e...