My tenant of 5 years is vacating next week, so I'm planning on renovating the 2nd unit in my 2-flat with plans to sell by the end of summer. The vast majority of my experience is in C class rentals, where durability a...
Foreclosure bought at on site auction for 147K. 73 day rehab (husband as project manager, also our GC and his team, HVAC guys, floor guy). Financed with purchase and rehab loan by private (crowdsourced) money lender a...
We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...
I help a lot of landlords buy and rent out Chicagoland rental buildings. -- On occasion, the rental unit has gotten to be too outdated to attract quality renters.How do you determine the quality level for upgrades in ...
Hello, I am a new investor in the Minneapolis area, and I am starting to look at properties-- I'm finding most if not all of the multi unit properties I'm going to see are 100+ years old... wow! While they have underg...
Hi, I thought I would get the turnkey community's thoughts on this property I've been presented with:- address: 4933 Fernbrook Dr, Memphis, TN- purchase price: $91,900- 4BD, 2BA- single carport- projected rent: $895- ...
You Can Learn Everywhere, Even Shopping at IKEA!Studying how people and companies that have had tremendous success is a key to your success. We usually refer to this as finding a mentor, getting a coach, or shadowing...
As I work with more investors and rehabbers, I am noticing that their estimated repairs vary by great amounts. I thought the challenge would be to predict the resale value, but it seems that repair costs are the bigge...
Hello Bigger Pockets community!! I have been meaning to do this post for awhile, but been so busy!! Anyway, we (hubs and I) got our first flip house and we closed on it on December 29th of last year. We found the hous...
BP
I will be visiting a fully rented 11-unit property this week with the intention of buying and holding.
Does anyone have a "checklist" of things you like to see and/or document while visiting a property? Are any ...