Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...
Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
Hi All,I've done research and searched through forums but am looking to gain additional input / experiences people have had with painting vinyl siding. I have spoken to a contractor around the matter and have heard ch...
I had some tenants just move out who had lived in our rental for 4 years….and during that time period they “really wore the sh#t out of the place” (to quote my husband). They were not mailicious, but by the looks of...
Whether I am investing in flip deals or rent properties through BRRRR or any other strategy, forced equity seems to be a strong tool to build wealth and help drive success for us. One of the tons of the topics I have ...
I'm a newbie here. Have a short sale in my sights and looking to estimate labor costs for the rehab. Will order materials myself and pay only for labor. Is that common practice? How much does labor usually cost? W...
We just rented out a sfh, the property has been completely remodeled last month, new kitchens, bathrooms, appliances, flooring, paint, base, lighting, just about everything.We have a tennant that moved in, and is want...
Currently doing repairs from a tenant departure. Shocking how little regard people have for a brand new house that doesn't belong to them. Life lessons!One of the allowed deductions beyond material damage is wear tear...
Hello everyone! I am flipping my first property and negotiating with a few vendors to get better pricing (cabinets and countertops etc.) How do others go about negotiation? Do you negotiate at all when it comes to cho...
When turning over a unit that needs a variety of different types of work done before listing it and another tenant resides there, be mindful of the order in which you do these repairs!
Example: if you need to add a...