Justin Frye
How to handle a tenant who's been evicted and moved out.
Hello everybody so I'm having trouble on how exactly I should handle this specific situation. So my tenant was evicted on the 30th of June and has completely moved out without me having to red tag the door prior to he...
Xingcai Wu
Need opinion on Court-Base Rental Assistance Progran
Hi BP,I have a tenant under eviction. About month ago, we signed an Agreed Dismissal Order through Will Count court states that she will move out on 14th of April and will pay the owed rent by CBRAP through Joliet IL ...
Mindy Jensen
Solving the "What do I do with mom's stuff?" problem for sellers
I wrote an article a while ago for the BiggerPockets Blog, about a woman who has come upon an interesting neighborhood. It was built in the 60s and about 1/4 of the homes are still occupied by the original owners. As ...
Guka Kagu
Home built in 1900
There's this newly renovated town home. Everything looks great in pics. Is it safe to buy a home that's that old?
Lisa T.
Floodplain Property Required
We have found a potential investment property but it's in a floodplain. This property has not been updated much at all so there are no visual signs of flooding and the seller said that it hasn't ever flooded ( his par...
Tanya Maslach
Process workflow for an MTR: An example
I'm prepping for my first MTR and gathering all the (read: As few tools as possible!) to make this workflow smooth.But as usual, software companies don't make this easy on the end user. (And that's coming from someone...
Mark Davis
Do you remove a bedroom
Hello all. I have a rehab project that I need some input on. I purchased a 4bd 2bath home that I'm flipping in Chicago. There's no formal dinning area and the house is very sectioned off. There are two bedrooms on the...
Drew Lamb
Knob And Tube Wiring Older Home
Just had a home inspection completed on an older home (1900) and they found knob and tube wiring. The house is a duplex with one side rented and is 3,600 sq. Feet. Also, I had an electrician come out to give an estima...
Christopher Spahr
full fix and flip with a lot of upgrades
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $80,000
Sale price: $355,000
Full rehab, new kitchen remodel to open it up, New granite...
Mark Bosworth
Rehab Costs - What to Expense versus Capitalize?
So when you are doing a rehab, how do you handle categorization of expenses into capital accounts verses expense accounts? Do you even try to keep track of the difference? Any significant renovation to the house cou...