Seth Hobbs
Almost no money in a score!
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...
Edward Zamora
Quick wholetail deal just sold!
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,...
Christopher Erwin
How My Burst Pipes May Turn Into a 40+% CoC Return!
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.--...
Kellen M
strong cat urine odor
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...
Lacee Beitler
Flipping a smokers property?
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...
Dan Mackin
My Guide To Cigarette Smoke
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 ...
Jeff Fairchild
Meeting w/ seller in person
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?
Kenton C.
If tenant is not re-signing lease, when do you start showing?
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...
Hok Lai
Need contractor reference for a house in Arlington, Texas
Hi all,I am repeating this post since I am moving it to the Texas forum.I recently purchased a rental SFR in Arlington Texas, which will be managed by a property manager. He got one quote for some minor work to get...
Ray Hebert
Renters deposit vs repairs
This is my first tenant that's leaving. Should I deduct from the deposit minor repairs to the sheetrock from screws, tv mount, and nails? Stains in the stairwell carpet? Other than that, everything is ok, thanks!!