I am terrible at understanding ROI. In my bottom-line thinking, there's either profit or there is not. Assuming I'm using my own funds, I understnd there's ROI when I buy and sell, but how do I figure ROI when I add...
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I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
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Hello everyone, this is my first time posting on BP. A little about me, I have been investing in RE for about 11-12 years now. I have 22 rental units, mix of SFH and multis. I have done a bunch of flip properties.I...
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Anyone, and I really mean anyone that is doing any form of construction/rehab, a word of warning: Always buy whatever materials (lumber, cabinets, flooring, sheetrock, plumbing, tile, sprinkler system, lighting, etc.,...
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Hello, I put an offer down on a duplex in Cypress Park Los Angeles. It's looking like a pretty good deal except for one huge concern that I have regarding a tenant who is occupying one of the units. She is an older l...
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Due to recent hail storms I need 3 roofs replaced. I've called a variety of roofers and they all seem to want to scam me one way or another. I've called a couple of them on their pricing. Most of them act like the ...
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I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months. This is causing me to reconsider only using used appliances in our ...
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Title pretty much says it all. There are a few homeless tents in the back alley behind our property, a duplex rented out to two families. It is well known that the city of LA has a severe homelessness problem, and the...
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I help investors purchase investment homes in my city. I have many clients who buy from me and I do a great deal to make sure they are happy. Lunches, dinners, gifts when they purchase, time invested driving around ...
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Hey All! So I have very little background in construction or house repair. I also just bought my first duplex, but am new to the game. So here are two questions that have been bothering me and are making me feel timid...