As someone with very little experience, I'm curious to what was the thing that caught you off guard about you journey into real estate investing. It could be when you started out or even something going on today. Any ...
Two and a half years ago my wife and I bought a fixer SFR for $450k in a neighborhood where houses rarely sell for less than a million. The rehab cost more than expected (surprise surprise) at about $650k. So we’re in...
Property
The building has three 2/1 units leased at $1,146 (Rent & storage/garage) a month. The other unit is ready for move-in. The location is downtown Westminster CO, new residential development and commercial...
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
My wife (@Elizabeth Wilson) and I bought and remodeled a laundromat in Memphis last September. I was just wondering if there were other laundromat investors also on BP to connect with and share ideas on how to grow a...
Greetings,Follow up question from previous post. OOS property had a leak. Plumber (pre-leak) who had replaced washer shutoff didn't replace adjacent pre-existing low quality connector which cracked (source of leak); ...
My wife has this theory that lower rent actually gets you better qualified tenants, on the premise that since they're more desirable but often just as frugal as anyone else they can stand out from the field and get th...
I picked up this #BRRRR/househack project in THE FAN in Richmond, Va it was being advertised on Craigslist for sale by owner. It has a BUNCH of deferred maintenance and the previous owner smoked inside and had a cat b...
It seems we the seller and I are beginning to reach an agreement on price. The comps in the area for the full ARV all have had central heat / air installed. I went ahead and factored that into my repairs and made ...
I need to post to the New Members introduction forum but thought I would dive in here and ask for some help.My wife and I became accidental landlords in 2008 and honestly have kind of been on cruise control without do...