One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
In another thread (https://www.biggerpockets.com/forums/52/topics/707296-what-does-your-lease-say-about-modifications-to-the-property) I asked what your lease says about modifications.@Cassi Justiz responded "My lease...
Hello everyone,We own a SFH rental that has been leased since March of this year. I handed keys over to property management at the end of last year and they got to work advertising, got a tenant in there, everything w...
It was a year ago that I closed on my first flip. The night before I closed, I almost walked out on a $4,900 deposit because I got scared. Thankfully, my step father was good enough to walk through with me and ca...
Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...
Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...
As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lo...
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
Hey everyone,I am just completely unorganized. My situation is stressful but I realize I am creating that stress mainly. I work 65+ hour weeks running a kitchen, so that is already stressful. I realized that I am lo...
New investor (8 months in) investing remotely in Indianapolis. I currently own a SFH and Duplex both being managed by the same PM team.Apart from the expected late rents from C class tenants, the monthly maintenance c...