I’m interested in low cost improvements that can add value to a home. What’s the least you’ve spent on rehab work that translated into a higher sale price?
I bought a 2-floor building in 2010 for $200,000. I live on the top floor. Currently there is a tenant on the 1st floor. I only plan to live in building for 5 years, and rent out the whole building for another 10 year...
Hello,
We are in the process of a 203k loan and we about 50% done with the project. We currently have depleted most of our contingency and after review we noticed that some of the money was spent on permits and tras...
A while back I was going through flight training in Pensacola, and we decided to live in a vacation rental for three months on Perdido Key, FL. Our monthly payment was $2400 and included $2400 deposit. When we left,...
I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
Hi, I was hoping to get some advice on estimating repair costs. I've spent quite a bit of time figuring out how to account for capital expenditures and I feel I have a good handle on that. I'm estimating two ways, a...
I read this article and thought it was very interesting
http://nydn.us/1l07j20
Is anyone using a good inventory management system to track supplies in your STR? Admittedly I am a tracker and love to analyze mundane things like burn down rates to predict when I need to bring more supplies to the...
BP Family, My partner and I are about to put an offer in on our first multi-family property in Oakland County, MI. We've built out a model and really like where our numbers are at, but the one variable we're having tr...
Hey all. Seeking some advice on how to handle a new tenant asking for a discount on rent. The story is we purchased a property and did a minor rehab (flooring, paint, new kitchen appliances, new bathroom vanities, e...