Christian Barraza
Is this a good or bad deal?
155,000.00Closing costs 4,650.00Rehab costs 7,000.00 for roof kitchen and flooring 5% interest rateMonthly rental income 1,400.00Monthly taxes 420.004.4% Cash-on-cash ROI 8.6% total ROI 155.00 cash flow Good or bad de...
Susan C.
interior paint using existing wall color - 1 or 2 coats refresh?
hi! if I'm going to paint the same Agreeable Gray color on walls 4 years later, do I need to do two coats or will one suffice? walls are in great condition with only a few minor nail holes and additional minor spark...
Alicia Marks
Rehab caught fire- need remediation help
Thankfully no one was hurt and the damage is limited to a single wall. My contractors took lunch and it looks like an overheated extension cord right next to our pile of beadboard is the culprit. There's smoke damage ...
Gp G.
how much advance to charge while renting is it one one month rent
how much advance to charge while renting is it one one month rent recommended?do you recommend month to month or 6 month or 1 year lease.What are best cheap strategies to turn around units from old tenants to new tena...
Nicholas Laustrup
Michigan Primary Residence: need a lead license to renovate?
Hey there. I just closed on a 4 plex this past week In MIchigan and moved in for my primary residence. I was getting ready to roll up my sleeves and start some rehab like repainting, tiling, new floors, etc. nothing t...
Jonathan Jaffe
What kind of interior paint for rental properties?
Does anyone have suggestions on the type of paint they recommend for use in rental properties? Low maintenance and durability are my goals. Just starting out with my first rehab! Thanks BP family!
Vincent Prentice
Kitchen Cabinets - Keep, Piant or Replace?
I have a new flip that I am working on and my issue is that the kitchen cabinets are a maple color but in really good condition. I am torn on painting the cabinets white, replacing the cabinets with newer trendy white...
Andrew Griffin
FHA 203k Standard Loan and Lead Based Paint
I'm buying an old duplex built well before 1978. It's not a HUD Home. My financing is FHA 203k Standard Rehab loan. The plan is to do rehab throughout the property. It has chipping paint around the exterior of windows...
David Haley
how to handle prorated rents and endless parent!! requests
We are new to College student rental: Lease starts on 3rd of the mo - are we obligated to prorate that month? Lease end date is the 24th-do we prorate that month as well? We are renting our 2 year old investment prope...
Jeffrey Gignac
2nd Buy and Hold - Residential Property
I've successfully owned and managed a cash-flow positive residential property since 2012. After paying down personal and mortgage debt and getting my financial ducks in a row, I have begun the hunt for another house i...