Alex Smith
FIRST FLIP UNDER CONTRACT!
Yay! First flip in South Jersey (Salem County) is complete and under contract! Offer came through after 28 hours on the market! We bought this house August 1st, 2017. We were still working on a renovation of one of ou...
Mark J.
If you had to do it over again...what would you do differently?
Whether you've been at REI for one year or twenty, if you were able to talk to yourself when you first started out, what advice would you give?Very much looking forward to see where this thread goes... ;)Mark...
Alexi Schreier
Property manager asking to be an authorized signer
Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
Brittney Cain
Can a PA landlord ban their tenants guests from visiting them?
Do any of you know the law on whether or not landlord can ban guests from visiting their tenants apartment? I recently visited my mother, who rents the apartment, and I got into an argument with another tenant. The te...
Account Closed
What amenities attract the best tenants?
I've seen in other threads that a lot of landlords basically always include a dishwasher and tile the shower, even for lower end properties. I'm wondering how BP feels about other things like washer/dryer, a/c, garbag...
Cj Thompson
I need some guidance about reserve money
My goal is cash flow and earn $100k per year from rent. Assuming $200 per door after setting aside all expenses conservatively. I'm actually trying to look ahead and plan how much I can save for new deals over time. M...
Joe Splitrock
How Do I Collect From an Ex-Tenant
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
Jorge P.
Water coming into My Basement Rental - AHHHHH
Pic #1: This is the water I found in one of my rentals that’s about 5’ below grade. This came AFTER we had finished doing a foundation waterproofing around the perimeter of the house! - How could this happen!?I had t...
Aaron Harren
Tenant gave 1 week notice said they are moving out.
Tenant text me last week Thursday saying they are moving out on April 30th. They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...
Anna Buffkin
Newest Rental Rehab with Pics
I closed on rental #8 on March 5th and renovation is underway. To start, the numbers:3 bedroom, 1.5 bath 1700 sq foot brick SFH with bonus room.Purchase Price: $59kAppraisal: $105k as is with estimated $124k after re...