Hey BP Forum! When you purchase a buy and hold property do you believe in making only necessary repairs or do you go in and gut the place even if it doesn’t help your ROI? I’ve been going back and forth on thi...
I just found you guys, what a great community!I've been running a successful cabinet painting business in Raleigh, NC for the past 5 years or so and have seen varied advice and suggestions about how, when and when not...
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
Hello! Thought I would take some time and start a deal diary on my Third Flip. Flip #1 was a success at 19k profit, flip #2 broke even (depressed about that but I'll get around to writing about it someday), and here w...
Do you reward your Residents at their lease anniversary, if so how?One of our policies is to reward a resident at their lease anniversary with a gift card to a very large national retail store in our market. The longe...
I have a 2/2/2 under contract in Deltona Florida. The property was inherited by 3 grandkids who have owned it for a little over a year. The monthly bills were a problem for them as they did not have the money to keep ...
Hi all. I am a real estate investor and contractor in Denver with a few large single family short term rentals near downtown. I just closed on a mixed use, five unit property in St. Louis that I paid cash for. I plan...
In a bit of a complicated situation..
When I bought the place it was sold as-is. Since the current tenant in place is a realtor, she was aware of what that entails. Upon signing a 3 month lease they mentioned the was...
I am about to close on a turnkey property in Memphis, TN. One thing I just noticed is that there are no garage doors in what was previously a two-car garage before they did the rehab. It basically looks like a cover...
What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...