Joey English
Trailers is as trailers does
Trailers is as trailers doesI’m a big fan of mobile homes. To me, they have the best returns, by far, of any investment in real estate today. But be aware, mobile homes are quirky.We have a doublewide on Berry Bennett...
Account Closed
First Flip in Savannah GA
Good afternoon BP! So it is a little early to call a success story but I couldn't find a better place to post a "my first flip" forum. After a lot of research my business partner and I purchased a house to flip in the...
Tandi H.
Evaluating a 10-plex - first time with larger properties
I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
Shane Johnson
What qualifies as a bathroom?
My house right now is considered 2 Bedroom, 1 BA , However, in the basement, I have a toilet, shower and utility basin sink all plumbed in.
The shower is what we call in the midwest, a "farmhouse" shower. It ...
Barrett Boone
Hot water heater replacement estimate
I just got a quote to replace my hot water heater for $2,450. Is this a reasonable price. It seems high to me. the hot water heater is working fine, but it was made in 1994 and My current tenant is moving so I want to...
Gardy Saturne
First Rental - Negative Cash Flow & Questionable Property MGMT
Hi Guys,I am an out of state investor that purchased my first duplex in Cleveland, OH last year. I'm already negative cash flow on this rental because of unexpected repairs and tenants not paying. After turning over ...
Nicholas D.
Mini Splits in New England
Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....
Trent Barga
First MF Deal - Need confirmation
Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
Joseph Schommer
Rent raise feedback please
Hi BP Community.I bought a 4-plex last year in which the rents are VERY under market AND I'm paying heat and hot water in Vermont. The residents of this house have been here for 3 years, 8 years, 12 years and 25 year...
Chris Ross
Delayed Financing/cash out refi lenders for Memphis SFR
Hello, I’m going to be closing on my first SFR investment property soon via an all cash deal. After closing I’d like to do a delayed finance to use the cash for a second property. The property is in Memphis TN. I ...