Matthew Irish-Jones
Why your BRRR is going to lose money
Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...
Ryan Oneal
Found this informative. Advice from a home inspector.
Site - Does the ground around the house slope consistently away?- If there are underground drains, where are they going?- Are there any trees at the foundation?- Is there adequate drainage for retaining walls? Any cra...
Vincent Donato
Yes or No to ceiling fans in rentals?
I have a rental duplex in Lakewood, Ohio. This older home has older ceiling fans in the bedrooms.I'm planning to replace all the fans with LED light but wanted to hear peoples experiences on this.My thoughts are, ceil...
Curtis H.
A Potential Deal but...Property Manager
Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
Daniel D.
URGENT AGAIN: Offer Accepted - NOW WHAT?
It's me again, with my urgent advice needed threads. For some reason these deals always creep up on me!I found a property in New Providence, NJ last night. I saw it this morning @ 10 AM, i put in an offer at 1 PM, 7 P...
Shane Power
What Is Being A Landlord Like?
One of the things that has held me back from investing in real estate is the idea of being a landlord. I see and know many investors with multiple properties and the same question comes to my mind every time: "How do...
Account Closed
[Calc Review] Help me analyze this deal
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
Raman Bindlish
Tenant complaint - suggestions for responding back
Hello to experienced landlords, I just had my first turnover in the duplex and I got following complaint from the tenant. I would appreciate how best to respond to this. Can this be trouble if I just tell them that ...
Meghan McCallum
What is your best advice for turning a building "green"
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
Steven Westlake
Rehab tip of the day
Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...