Brite Zhou
New rehab theft - advise and security options
Hi BP,
I am a newbie investor in San Francisco area, working with my father on a new project. This morning we got a call from our contractor letting us know the home was broken into and all of the tools were stolen.
...
Noah McPherson
Accounting for turnover costs
I know some people have probably done a lot of turnovers in their careers. I'm just curious. Does your deposit typically cover the entire turnover? I'm wondering because if it doesn't, that would take a chunk out of y...
Chris Martin
Census Median Net worth: Renter $5K, Owner $234K
I came across this table on the census web site. Table 721 from this census data has breakdowns of the median (and mean) net worth of Americans by age, race, and tenure. In almost every category, there is quite a wide...
Michael Roetzel
Determine a house's CURRENT value?
Hello Bigger-Pocketers!So I'm a somewhat experienced BRRR investor, doing my first flip! And I'm finding myself a bit lost.I bought this house off-market. It needed a lot of repairs. I'm close to finishing those, and ...
Andrew S.
What furnishings to provide?
Hey BP, I have just finished renovating my first duplex house hack and the other half is under a lease and will be rented soon. I'm curious on what home furnishings I should provide and what to expect of the tenant?-...
Charlie Moore
How many days Notice do you GIVE tenants to MOVE OUT?
I KNOW it is different per state, I am asking you on a personal level, what you would do in this situation.- I want the tenant to LEAVE. Lease is over December 8th. If I tell them now, that i Will not be renewing ther...
Purak Parmar
Tenant lease ending, not paying rent in-lieu of security
Hi everyone. I have a situation that’s never come up in my rentals. I have a tenant, no issues for the past lease term. When we signed the lease I took a double deposit +$800 due to poor credit and some other red flag...
Brad Jacobson
Breaking Cashflow Rules - Worth the Equity?
I'm about to acquire three doors (one single fam and one duplex) at a great price from a motivated seller. Should have at least $100,000 in equity between the three and they're all very much rent-ready. The seller n...
Gustavo Gonzalez
Rent Deposit Return
Good afternoon all:
I have a property that has been recently vacated by a tenant who has been in the property for 9 years. I purchased the property 4 years ago with a tenant in it (section 8). At the time of the h...
Chris Ono
10% Closing Cost in Memphis?
Hi everyone,
We're looking to purchase 2 turnkey properties from Memphis Invest, but the mortgage company that was recommended (not by them, but they work with them regularly) is charging 10.1% to purchase price in c...