Eric H.
Rental property without stove/oven?
I am looking to purchase my first property and have been looking at turnkey companies in Ohio and have noticed that a lot of the houses appear to not have a stove/oven or even microwave.
I have only noticed this in O...
Roger S.
One of those days with an idiot tenant.
Today was one of those days that makes you wonder why we do this. First off, let me mention that I work a FT W2 job, my hours are 6PM to 6AM and my commute is a 3 hour roundtrip. So last night at work, my wife call...
Michael Greenberg
How to manage and list a "flexible" vacation rental space
I am looking to purchase a "flexible" vacation rental home. One I am considering is 3,000 square feet, 5 bedrooms, 5 bathrooms, a large entertainment area and a pool. I am considering sectioning off two of the bedro...
Christina P.
Game room or theater in basement space
We are new to the STR business, having just purchased a 5br 3ba home in Sevierville/Pigeon Forge, TN area. The home has been doing well as vacation rental for 15 years prior to our purchase, but we are making some imp...
Shak F.
Recommendations on renovation
Hello Charlotte BPs,I am new to investing and upgrading properties. I recently acquired a class B single family property it came with tenants. They will move out in mid April. It's okay condition for me to live there,...
Samantha Klein
Things to do to cut down on major repairs
Hey I was just wondering what everybody does when first buying a property or when they are doing a rehab, what are some things you replace or do to cut some on repairs or maintenance? For example, I always replace rub...
Thomas Lee Malpass
Subject -To Calculations
I need some help calculating a potential Subject-to deal. Here is the info I have so far... Sellers Loan Amount $500,000 They are currently asking $799,000 as the purchase price. The property is a multifamily Quadplex...
Carol W.
How I increased the value of my rental by $255k in 6 months
Hi fellow members,I closed on a 4-plex six months ago, with three units occupied and one unit vacant. Rented out the vacant unit at market price ($2700) on the weekend after closing. I also submitted application for...
Timothy G.
Rental rules about excessive cooking with oils and grease
I have looked at many properties where the tenants cook with oils and grease. I have passed many of these properties up because of the smell, the cost of cleaning walls and cabinetry and the damage that has occurred ...
Mike Rodack
First Time Flip - Trial By Fire Gut Rehab
We're considering attempting a flip of a REO with fire damage. Water damage too since the roof is open and has been for sometime. We assume a complete gut of the 2nd floor, the attic/3rd and full roof replacement.We a...