HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
Pic #1: This is the water I found in one of my rentals that’s about 5’ below grade. This came AFTER we had finished doing a foundation waterproofing around the perimeter of the house! - How could this happen!?I had t...
I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
How much do you pay for drywall guys to repair a wall or ceiling?
I got an estimate of nearly $2000 for part of 1 room. Absurdity.
That's when there's less than $50-75 in actual supplies (drywall, tape, mud, paint...
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
Hello,I am an american living in Paris and I have recently started investing in real estate. I have purchased three apartments in the last two years (in Paris and Marseille) and am looking for more! I have learned a l...
Hi everyone!
I just opened escrow on my first property! It's a 3 unit, single building home and I am super excited about it. It's an old 1910 California craftsman style home with 2700 sqft in a historic nei...
Just heard about a product called pex. Just wondering if anyone has used this product. From what I have found is that it is cheaper than copper and more expensive than plastic. Let me know the good and bad of this pro...
I have tenants asking me to subsidize their electricity bill bc it more than doubled in the month of May-June.....this is the story. Please provide input.About two weeks ago their AC unit broke. I immediately had a ...