Is there a general rule of thumb that is used when underwriting the cost of tenant turn over?
I have an old floor to refinish that hasn't been maintained in many years. I'm thinking sand, stain dark, and apply a few coats of polyurethane to really make it shine and pop. Am I on the right track? I'm not doing...
The community of Biggerpockets has changed quite a bit in the past 5 years I've been investing in Real Estate. When I started out on here helping newbies get started in wholesaling was a VERY common practice. The past...
What colors, types, and brands of paint do you use in your rentals? I am looking for something that I can use on all of my property. Thanks for the info.
I just finished up sanding the floors today in the living room, hallway and bedrooms. I'm trying to decide if I just want to poly them or stain and then poly. If i do stain them, any recommendations on color....
Hi everyone I am new to all this. I am currently in the military and for the last couple of years I had the idea of real estate on my mind. I am currently moving and will be in Maryland per my job in Feb 2021. I am th...
As I am still a novice in real estate investing, I was wondering if anyone could explain what exactly composes "fixed costs" and if there is a formula out there for calculating it. (Maybe not the exact amount but just...
Hello BP, I'm in the process of rehabbing my first property and wanted to get advice on how to tackle the bathrooms. Keep or replace the vanities? keep or remove small window in the first picure? Retile shower or re g...
Hi All,
I’ve been using the BRRRR strategy lately and would say that my most painful piece of the process is lender vetting.
I’ve primarily been using one specific company here are the pros and cons:
Pro:
The re...
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...