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I have recently purchased a rental property on the East side of Raleigh, NC. The house needs some work such as replacement windows, rotted siding, unsupported deck, and several other issues (and probably more as we ge...
Newbie here, I’m remodeling my first house in CA (Water, electricity, furnace etc). And this contractor my friend recommended is not licensed but will get all the permits through his boss’s license. His boss will also...
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Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...
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Hello all,
It's a long post, but I will appreciate your responses.
So I have this 2-plex that I bought last month. It has one boiler in the basement that heats 1st floor and the 2nd floor. I had couple of contractor...
I have a rental in Rochester New York, the house is on a slab and from what I have read you can’t have an HVAC or boiler on a slab. The house has baseboard electric heat throughout but it seems to not be efficient and...
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I have a handful of doors in TN but now, one in Jackson. My PM is telling me something I've never heard of. I rehab the house, they found a tenant, I had new appliances installed and the tenant didn't know how to ligh...
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How do you handle your rehabbing business during the winter? I ask this question because I'd like to know how you handle dealing with exterior rehabbing, maintenance, and repairs in the dead of winter. Do you just...
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Hey guys,
I’m in Oregon. I’m sure there’s people here who have seen the Jerry Norton flipping and wholesale videos online.
My question is about the numbers he throws out as rule of thumb numbers. I’m aware he inve...
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Hey everyone, I'm just starting out and haven't pulled the trigger yet on a property and constantly refining my proforma model but wanted to seek advice on estimating rehab work. Most of the deals I'm looking for are...
I bought a property (built in 1963) for $60K in north carolina from a wholesaler back in Feb 2018. I started the renovation by pulling permit from The city. Since my renovation estimate was under $30K then I put my na...