I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
Colorado Springs, Colorado.
I am flipping a home right now and am torn on one portion of remodel. There is a kitchen but no room for kitchen table or dining area. There is a front room down the hall that could fit a...
Getting ready to rent my first property!
I've been reading up on the process to go from advertisement to signed lease. I feel I have a good handle on the basic best practices and will be listing the property on Zillo...
One trick we use sometime is take a water hose from the back of a washer machine... I carry one in my trunk (With a plunger). Go to the neighbor and offer them $10 cash to run a hose from their outside faucet to your ...
What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works whe...
I posted the other day about creating a more defined criteria for my flipping purchases. I'm moving my business to a more metro area early next year and am trying to define my criteria better. Where I am now is rura...
Hello BP2 weeks ago we closed our first flip. I’ve been reading bp for over a year now and always enjoyed reading success stories. So decided to share ours.We purchased 1bd condo in Fairfax VA. We used hard money. 10%...
Hi STR investors, I'm genuinely curious/interested to know if it's typical to charge your guests a cleaning fee AND also ask them to do a list of things as "checkout procedure" like stripping beds of sheets, washing ...
Have some flooring replacement to do in a multifamily building. What types of flooring do you all like to put in in different areas? Note: this property is in the Northeast, so keep that in mind.
Common Areas
Kitche...
I am just finishing renovation of a triplex near a college and am beginning to list it and take tenant applications. College students are the most obvious market. Two college students looked at it today, and decided t...