Greg Grant
Commercial property advice
Thinking about buying a 7 unit building in a class C area. I wanted some advice if I should or shouldn’t buy it? Let me break down the deals. Sale price $125,000 I am thinking of offering $60,000Rehab $110,000 it need...
Account Closed
Crossroads; Refurb and Hold or Filp
Easy market in small town; scarce rental opportunities available with a healthy demand. I am interested in acquiring my first property, but it has some variables that are not ideal:1 BR/1 Bath and not expandable, need...
Sean Boyle
Rental Property Turnover Maintenance Items
I'm looking for some feedback on the typical items that are done to a property during turnover to a new tenant. I have a rental property in Charlotte, NC and I've had a property management company in place since the ...
Jonathan Allen
First Turnkey has Early Significant Repairs - Do I have options?
Hi BP folks,
I could use some more experienced eyes on this.
I bought a fully rehabbed "turnkey" property from a turnkey provider in a Midwest city 7 months ago. A tenant moved in 5 months ago. I just got a notifica...
James Pearson
First REI property through private lending - hard money
Hi gurus!!!Have a property Im making an offer on today, wanted to start a discussion and overview my plan for this property. The Good:Home is a 4/3 with detached garage. Very very nice neighborhood. 2840 sq feet an...
Mike Hanneman
Multifam cash flow
I know this is subjective to a multitude of different things, but is there a number that you experienced investors look for monthly cash flow? 4unit -$300, 8 unit- $500, etc...I have a couple properties in mind but I'...
Brian Adzadi
Acquired Property & Tenant within a Month
Hello BP Family, I would like to first thank God, my wife second and the BP family third for helping me on my journey to financial freedom. I have been watching the BP podcasts on Youtube since mid-2016 and signed up ...
Paul Z.
arranging time with tenant for routine inspection
Hi everyone.In my jurisdiction, landlords can enter a rental unit with a 24-hour written notice. I still try to do better than that, by asking tenants for a time that works best for them. When I asked a tenant this re...
Trevor Ewen
Appliance Replacement Plans
We're buying a whole lot of appliances from Lowe's this weekend. For the set of appliances we've chosen for the units, Lowe's has 5 year replacement plans available. According to our numbers, these are running at abou...
Ben M.
Managing properties remotely
Is it possible to manage a property remotely efficiently without a property manager? Can you hire everything out such as make ready, eviction, but only on as needed basis?