Sam Booth
Bamboo Flooring - Replace or Fix?
So I just got a rental property under contract out of state in Alabama and the floors are 3 3/4 width x 9/16 bamboo. It's a B- class neighborhood.
Apparently there is some dog pee odor and some bad scratches in 2 of ...
Michael Sjogren
Newbie looking for new construction timeline & budget sample
Hello everyone,My wife and I are building a new home for ourselves and are totally new to the development world. We are building in a new development about 30 minutes north of Boston and the lot has been cleared. I ha...
Anthony Belser
New Property Flipper
I Live in Philadelphia and I'm looking to start a new business in flipping homes. I need a mentor. I'm young, very well educated and more importantly very business savy. Help
Shaun Schwanson
How can I get a hold of the owners? Was listed then bank drilled locks yesterday...
The property was listed for 130k. We went to look at it as my wife and i thought it would be a great fixer upper. They drilled the locks without telling the listing agent. Its now listed for a sheriff's sale in 3 week...
Corey Bogaski
Looking to refinance
So i bought a SFH in October for 155k. I dont have a favorable loan at 6.125% so not losing much if it goes up. Since, I rehabbed most of the house. its a 4bed 2bath, with all new carpet, floor, paint, 1 brand new bat...
Nate Huber
Repairs and Maintenance, CapEx, and Vacancy % Estimates 3BR/2BA
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...
Josh Autery
Tenant Education
I've heard @Joshua Dorkin and Brandon Turner mention in the podcast... and I've seen a couple forum posts talking about it... BUT I can't seem to find any good examples in the FilePlace.Anybody willing to share (or he...
Kim Horn
Is peeling lead paint a deal breaker for a fix & flip?
Have not yet made a purchase. However, my husband and I have toured several homes and found one that shows a lot of potential. It was built in 1900 and has lots of character that just needs to shine through the decade...
Shawn Good
Advice on Taking Over Mismanaged Multi-Family (8-Flat)
I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
Marc Steinert
Rental property renovation question?
First I would like to thank everyone who contributes to this site with all their experience and expertise, this site is amazing!
I have been analyzing some sfh rental properties and am curious to what level d...