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New to the site and want to share the numbers on my 1st rental in Philadelphia.3 bedroom 1 bath Row HomeCash Purchase price after closing - 19,500Rehab costs - 13,500Total investment - 33kAppraised Value after rehab -...
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I recently purchased my first commercial property. 2 weeks ago the tenant reached out regarding a roofleak. We've had some decent monsoon storms and it has backed up roofing companies. I decided to have my handyman pa...
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A termite company found extensive termite damage on the deck of our house and is offering to do a repair/remodel and bringing it up to code for $15,000. Our deck is very old and needs a lot of work, but this still see...
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This is our 2nd tenant for our rental property and just got a laundry list of complains after moving it. Just minor issues that we can easily resolve but its a little discouraging since we never had any issue with ou...
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I, personally, always get an inspection on a property that I'm seriously considering to purchase, but I'm wondering how many of you BP members do the same. Or, are you savvy enough to check things out for yourself?
I...
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Hi everyone,I currently own over 100+ scattered-site apartments, but am not involved with day-to-day management.
For management, we have an in-house team with a leader who directs others what to do. He’s looking t...
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Hi Fellow Investors! I have a rental property (condo) and the tenant is the absolute best. She recently told me that the one kitchen cabinet was "wet", so I had a plumber go out to fix the problem. Come to find out th...
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Purchased my first 2 Family home. One insurance agent advised me to insure up to the purchase price (216k). The other agent advised I insure up to 500k as the asset is already depreciated and, worse case scenario, you...
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Hi BP!
I own a vacation rental property that I'm looking to sell to free up cash. I have an opportunity to buy another, more expensive property and the current owner of the property we'd like to purchase is offering ...
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Hey Everyone! I'm a rookie working on my first deal, which is currently in Escrow at the moment. The inspection report came back stating a new roof is needed because of several gaps in roofing seals and doesn't look i...