Craig Garrow
Help underwriting a laundromat/car wash?
I had an interesting opportunity come across my desk. There’s a small commercial property located in the next town over, that houses a small laundromat, a single bay car wash, and has an apartment above that. I get th...
Charlie Bones
good deal?
I have under contract a 8unit apt building with 2200 sq ft of store front and two duplexes. 10/12 units are rented and the store front is unused. All 3 properties are located in indiana.Purchase price is 175000Local b...
Curt Bixel
What does "refinish hardwood floors" mean?
I am curious if a scope of work that contains "refinish hardwood floor" is ambiguous and thus open for a variety of interpretations.My understanding going in was that the phrase "refinish hardwood floor" involves san...
Account Closed
How to Regrout Stuff
I need to get my current place rent ready.
It took me 8 hours to change...
Kim Heretick
Profitable 1980's Easy Flip - Wallpaper & Tight Budget, oh my!
Purchased via Sheriff Auction for $152k + $775 in fees.Projected ARV $200-210k.Actual $233k minus $6k in seller assist = $227kNEEDED:Medium Tree RemovedExterior Paint & WorkTons of wallpaper RemovedBathtub Leak Fi...
Axel Ragnarsson
Landlord Question - How to approach not renewing a tenants lease?
Hi all,Just a quick question for everyone. I bought a triplex in August 2016 and inherited all of the tenants. The lease on one of the tenants is expiring in 60 or so days and I do not want to renew it (he consistentl...
Nathan Gesner
How to deal with smoke-stained walls/ceiling
I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
Drew Harris
Rent by the Room - Strategy
Hello BP,
I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to...
Dan W
Replacing Kitchen Cabinet Doors
I just had a tenant move out and she took the cabinet doors under the kitchen sink (who knows why!). Overall, the cabinets are in pretty good shape so I'd hate to replace them all. Anyone have ideas on where to get ...
Steven Maduro
for the Do it yourselfer what would be your flooring choice?
my question is if you were doing the work yourself and therefore could eliminate
installation costs, What would your flooring choice be?
I am new to this landlord thing
I am on my fourth property and its all sink ...