Steve Orlov
Direct mail - get listings
Hello everyone,My partner and I, began marketing to property owners in NY area, looking for motivated sellers.As expected we received 2% response on our second campaign, but almost no motivated sellers.With that said ...
Matt A.
Is Cap Rate a dependent or independent variable?
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
John Mary
Replace kitchen cabinet should add stove, microwave and dishwasher?
Hello all, I am working on replacing all kitchen cabinets for selling my rental property in CA. Want to know should I purchase range, refrigerator, microware range over type, and dishwasher for buyer or just leave the...
Darryl H.
Final Touches for a BRRRR - Range Hood, Central AC, GFCI Outlets
Happy New Year to everyone! I recently closed on my first home purchase last November. It is a duplex in North Linden (growing C neighborhood) and I plan to cashout refi towards the end of the year. I am doing a full ...
Christopher B.
Tub surrounds: cost vs durability
I've searched every keyword(s) possible here at BP and while finding some info I wanted to get more insight. If there has already been a discussion that I didn't find feel free to post a link for me.
My duplex was bu...
Andreea Chidu
Must haves (and must nots) in a rental renovation?
I am about to purchase my first single-family rental property, and it will need some work to be rent-ready. I am planning the reno now to be ready for when it's time to get to work, and I keep flip flopping on what to...
Steve K.
Improve your tenants lives?
My wife and some investors and I have built a profitable little side hustle buying and holding MF rentals. I self manage so I'm at the properties fairly often and get to know our tenants. From the beginning, my protoc...
Ross Ellington
Can a market be profitable below the 1% rule? Austin Tx
Good morning everyone, happy holidays. I have a question and I'm dying to find the answer. I keep hearing everyone talk about the1% rule and how it's important. But I'm looking at the Austin, Tx market for duplex/4 pl...
Amanda Thompson
Security Deposit return to bankrupt tenants?
Our NIGHTMARE tenants finally moved out. They owed us over $15,000 in back rent and fees and then filed bankruptcy. (This is the 3rd time they've done this... one major reason we fired our Property Manager. Seriously,...
Marcin Chojnacki
Another Beautiful Renovation and Beautiful Payday!
Wheeling ILPurchase: $126,100Reno: $44,800SOLD: $231,000PROFIT OVER $45,000!