Jon Huber
Quadplex or four SFHs?
Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...
Jon S.
Sears has a great appliance sale going on... I saved a bunch!
Just a heads up that Sears is doing an awesome appliance sale. Last night I ordered my appliances for my triplex which is positioned to compete with luxury apartments nearby. One way I am doing that is by buying nicer...
Claudia Schmidt
Which items does a landlord repair & wear-and-tear of tenants?
1) Can anyone please help me determine what is normally a landlord's responsibility in terms of maintenance of a rental property?
2) And what are the items that should be repaired by the tenant through regular wear-a...
Kimberly H.
Requring rentable condition at time notice of moving given?
Our lease requires 60 day notice of move-out.Our lease requires the condition of the house be restored to move-in condition, minus normal wear and tear, before move out, to get full security deposit returned.We are up...
Kimberly H.
What makes the most sense....
If you had only $15k for improvements would you do an Oil to gas conversion with AC or new windows. They both need to be done, but the bank is only willing to give me $15k.What makes more immediate sense for better re...
Nathan Grubb
Electric Stove/Oven Recommendations?
I have a tenant moving out of an upper unit and a new one moving in shortly. The unit is a classic "attic apartment" and has sloped ceilings. Currently, it has a gas stove which was there when I bought the house. Pers...
Dan Bryskin
Why don i like flips, please chime in
Death & taxes .... Don do flips. Waste of time & money. Why would you want to work hard to pay ordinary Federal & state taxes, self employment, medicare and what not? Why to give 50+ percent of your profi...
Catherine Javier
Which contractor do use?
Hello BP family, we are planning to renovate and upgrade the master and guest bathroom, and add a kitchenette.The first contractor is the one that we used for Our Rental, he is good, but it’s not responding back on a ...
Dale K Poyser
Added second bathroom without a permit, am I screwed?
Hey BP community,My gf bought a condo 3 years ago. The condo is 900 sqft 1bd 1 bath with a loft. We added a full bathroom to the loft area so now the condo is 1bd 2bath with a loft. The next step is to enclose the lof...
Edwin Ganir
Inspection with or without pictures
Hello all, I am currently in the process of acquiring my first 2 rental homes. They're both turnkey single family homes. I just got an email from the inspector and instead of repeating what he said, I'll just paste i...