Potential new tenant offered to paint house exterior instead of paying security deposit. Is this a good idea? Or should I require him to pay the deposit and maybe give a discount on monthly rent equal to amount of wor...
I've just closed on my first 2 family house and need to do some renovations to prepare them for rental. One of the choices I'm struggling with is the flooring. The house is in a B/C neighborhood. I'd like to remove...
I bought this 6-unit cinder block building back in March. Now that all of the original tenants are out, it's time to get serious about rehab. I'm having trouble imagining what its best look would be. My first inclinat...
A post in the landlording section inspired me to review and post numbers. One thing to think you are being honest with yourself, quite another to put it out there for critique by more seasoned investors.Putting my num...
What sort of material should be used for the sewer line running from the house out to the city main? Cast iron? Clay? I need to have this replaced soon. Any suggestions on things to consider or make sure that I have i...
So, I have been evaluating and conducting research on most costly turnover expenses, I have a few that have made my top (5) list. I am curios to hear from other BP Members, what there most costly expenses are for tena...
I have acquired this property with a decent margin and I am split whether to rent and collect 600 positive CF. Or flip and net about 50k plus with a full scale rehab.
Here are the pics of the bath which is dated....
Ok here is my situation. I just bought a duplex which closed 2 weeks ago. This leaves me with a positive cash flow of $750 per month from the 5 units I own. The problem is I made a deal with myself that I would not...
I'm just curious if anyone has replaced the wall panels in a doublewide with drywall and later sold the home. Do you think you broke even on the cost, made money or lost money. (Why do these manufactures use wallpaper...
Hi everyone, I need some help. I am in the process of purchasing my first real estate property which is a 2B2B2G condo about 12 minutes from the airport in Houston 77061. The purchase price is 202K (25%down), 150 HOA,...