Allen Tracy
Average Turn Costs Killing Profit
I'm curious what everyone is seeing for average turn costs and average amount of time tenants are staying in units.For C class multi family in Columbus, OH I've been seeing tenants stay around 2 years with an average ...
Daniel Alfandre
As a GC, which materials do you let the subs purchase?
I'm going to build a house. When I worked as a construction manager for a homebuilder several years ago, we ordered the lumber, windows, doors, stairs/railings, garage doors, trim, cabinets, lighting, appliances, van...
Waylon Bruce Moore
Inherited a House... Sale or Rent? Need your Wisdom!
My father passed recently and we inherited his house. The house is 3200 sq ft, 4 /2 that needs a medium reno ( new paint, flooring, bathroom vanities, and kitchen cabinets). My question is should we sell the house "as...
Brad Blank
Refinance or HELOC for 1st Rental
I was given a property some years back as a donation. So the property is free and clear of any debt. Unfortunately, I was not able to use it as rental property and start my venture into real estate investing until n...
John Bastidas
Orlando, FL - First Condo Purchase
Hi I am looking at buying my first condo in Orlando, FL and the analysis I have done so far gives me a 17% Cash on Cash ROI. I am curious about insurance, does a condo HOA cover roof and outer walls? I called to get a...
Andrew C.
Did I get Ripped Off for a Unit Turn?
I'm an out-of-state investor and I'm not too much of a handyman so I'm not sure about prices but I just wanted to get a sanity check from those with more experience. I had my property management company turn over a un...
Dave H.
Feedback sought for contractor estimate
Hi everyone,we just received these costs from our contractor in MI and it’s the first time we’ve gave him a chance to estimate. The house is 1000sqft. This is for a retail flip.Some of the items aren’t detailed enough...
Allen Williams
Part-time investor, Full-time husband, father, and pastor
Just a quick introduction to the BP community. I have lived in NWA for almost 20 years and love this area! I work as a full-time worship pastor and I I've flipped a few houses over the years and looking to do more de...
Ryan Spearman
Which quote to accept on renovator?
I recently bought a small 2 bedroom unit that was already tenanted. It is in need of quite a bit of cosmetic work inside, but I don't want to do the work around the tenant, and I don't want to lose him, he is very goo...
Chris Wilburn
Rehab Bid sound reasonable?
Hey BP,Looking to get some opinions on construction bid numbers we’re looking at. Do these sound like reasonable ballpark quotes for a one stop shop GC? Property is a 1990s build, really hasn’t been touched since ori...