Matthew Otero
How to project rehab cost
Hello everyone, so the first couple of rentals I have have been basically turnkey properties, we’ve done some painting, changed out fixtures and appliances and minor repairs but I’m looking to get more equity up front...
Angelica Wallace
Can I keep deposit for Breach of Lease due to pets?
I know the typical approach to replacing carpet is to prorate it based on life of carpet. In this case, the tenant had 2 unauthorized pets in the house (a cat and a wild Crow -yes a wild crow), in addition to 3 author...
Harry Morrison
Catch 22 - POF or Preapproval letter
Hello BP. I found what I believe is a pretty good first deal. But I can't see the property without a POF or Preapproval letter! I would be looking for a Private Lender or HML if necessary. The property is in MA.
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Michael Rush
Any pros from NE that could help walk me through an analysis?
I've been researching multi-family for the past 7-8 months and I'm researching deals on a daily basis. I've found two that I'm interested in and I've done a bit of research and was wondering what my next steps would b...
Matthew Parkhurst
Is this a good idea for my first buy & hold?
Looking for my first property and came across this. https://www.zillow.com/homedetails/1638-Douglas-St-Augusta-GA-30901/14957023_zpid With seller financing it would be $2k down, $300 a month. Was thinking of putting a...
Donna Page
Advice on how to structure a partnership deal on first BRRRR
Scenario:My dad owns an old Victorian home free and clear in an up and coming neighborhood near downtown Milwaukee that is being revitalized after falling into blight for several years. The property is a 5 bedroom 2 b...
Jeremy Kuchenbecker
Recourse for non disclosure of HOA assesment
I'm consulting an attorney on this tomorrow but wanted to get additional opinions on this. I closed mid-December on two townhomes in Florida, one of which I was informed needed $1,000 of paintwork as it was out of com...
Sisto Averno
Contractor demands final payment
So, short of the long...here is my text conversation with my contractor whom I've never used before:Contractor: Morning this is ***** please call me when you get this I need to talk to you about this balance I gave yo...
George Anderson
Cashout vs Cashflow
I am seking advise on rather or not to sell a one of my rental properties which has a strong cash flow I would love to hear opnionions of my fellow investors. Background: House is currently leased as a section 8 renta...
Theresa Reynolds
Singlewide Trailer home on land?
Trying to buy property in a very fast paced market right now with average home prices of 300k going up. Extremely high demand for rentals. I have my eye on a 70s trailer home, 2bd 1 bath, with a little porch and two s...