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Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
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Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...
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Thinking about purchasing a property with cat urine around the refrigerator but the smell travels over other parts of the house. My question: Should I calculate that expense to fix it into my offer price or bid regula...
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Hi everyone,
We are looking at a 4 unit property. It's a great deal, great area, and would be great cash flow, but there has been a smoker in there for 60 years (owner). His unit is very smoke damaged, and 2/3 other...
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Cigarette smoke can be a big problem in a lot of homes. While I'm sure it is not nearly as bad as it used to be, getting rid of the scent can be a massive pain. Recently a client of mine expressed interest in a small ...
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
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Any tips or processes that you guys have when meeting with the seller's at the home? Any good methods of getting them to come way down in price?
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Investment Info:
Single-family residence fix & flip investment in Houston.
Purchase price: $115,000
Cash invested: $3,000
Sale price: $155,000
This flip was bought from a wholesaler. All I n...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $325,000
Cash invested: $5,000
Sale price: $389,900
This was a quick wholetail deal! Trash out, touch up paint,...
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We have a house that we are looking to sell. We had the carpets professionally steam clean and they look fair. The paint looks fair but could use some touchup and one room is pink so it needs to be painted. The back f...