I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...
Hi BP community:
Twice in the last week on different platforms (Quora and Atlanta House Share) I've seen 2 posts from people saying that if a person is investing/providing housing that they should not be doing it as ...
Anyone have a word or excel document or set of rules that would help define what one should be looking for when they are evaluating a potential properties condition or structure before they make an offer and pay for a...
Is property management a good business? It seems like the revenues should be up over a 5 year period because rents are up. At the same time, costs have not changed must or are lower. Any thoughts? At what point, w...
Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
Hello,
I had a situation with a rental property I own where there was a sump failure. The sump is located in the garage. With pump failure, the sump overflows and water runs down the couple of steps that lead from ...
I've got a story. I recently purchased another rehab for rental and when I arrived at the home yesterday to work, there was a note in the door from someone (Calvin) that wanted to either purchase the home or "rent it"...
hey guys I have a question for investors with experience. When times get hectic as it did in 07, are there any changes you guys make as far as investing? When there's a reccesion, stock market crash or if the country ...
Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
One of our nine-unit apartment buildings has been having a few issues with security lately. We've had some packages and equipment stolen along with complaints of non-tenants coming into the common areas at all hours ...