In July, my business partner and I put a single family home in a B or B+ rural neighborhood under contract for $140K. The owner was a widowed elderly lady who was living in a nursing home and her children were left w...
Hi BP,I have 6 buildings and 9 units since starting Dec 2014. Portfolio CAP of 14% with saving for taxes, insurance, utilities on a few, 10% maintenance, 8% vacancy, and 10% CAPEX. Monthly cashflow is $850. My quest...
Hey I'm going to send letters to some divorce leads at what period of the divorce is a good time to market? meaning like 3-6 months after the record date?
We just closed on our first rental property and need to give it a face lift. While we have cash for renovations, I'm inclined to spend as little as possible. My husband, on the other hand, would love to completely gut...
Hi,Summary :Our Loma Linda home listing has been active for since June 21 with no offer yet.House is in decent shape overall but is rough around the edges ,Front lawn dead. Previous tenant did not maintain well. I ...
I'm checking out a HUD home and the Property Condition Report states there is "Plumbing System & Drain System damage." The property failed a Pressure Test, and the plumbing is considered damaged. The sewer/septic ...
So I tore up some carpets in this house and found some wood flooring underneath that seems pretty salvageable. Whoever rehabbed it before us was really sloppy with their paint job and left paint all over the floor, an...
Hello BP!
I need your opinion on the flooring job in my latest acquisition. I pulled carpet and had a local contractor sand/refinish the original wood floors. He tells me this is the best he can get them to l...
I am thinking about purchasing my first flip here in DFW. I am trying to do some long hand repair estimates, and I was wondering what is a conservative $ estimate for your typical kitchen to have granite counter to...
My property's lease is coming up for renewal at the end of June and I wanted to get a sense of how many weeks before the end of lease do you start to advertise the property? What is a reasonable amount of time to exp...