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What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...
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This is my first post. I have one rental that my fiancé use to live in. I’m currently looking at a second.House: 3b1b 1070sf house built in 1940 Listed price: $62500It’s currently rents for $875/month and needs severa...
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Our property is in MI but we live in CA so it's hard to keep track of the tenant. We recently visited and discovered that they have been cultivating marijuana in the basement. They were growing and dispensing mariju...
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Hey, I am brand new in RE but very excited and anxious to get started. Though I am relatively new to St Louis (just 2 years), I have driven around for hours, looked at properties, spoken to agents / developers, etc. I...
Hi everyone, I'm sure my story is a common one, but I just received my general contractor's latest invoice and am starting to seriously panic. We are nearing the end of a remodeling project of a house my husband and I...
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I came across what I thought would be a great deal a 16 unit apartment complex 8 of the units were gutted to the studs the other 8 needed to be gutted also. Talking to the extremely friendly wholesaler the property wa...
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Hi for all the landlord out there, I recently just had a tenant moved out because their lease is up and we no longer wanted to lease the apartment to them. When I inspected the apartment it is in a very bad shape - ca...
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Hey team,
I'm in the process of buying a two unit property in Amsterdam, NY. The intention is to buy and hold and this is my first purchase.
For future reference, I'd like to know if it's normal or appropriate to h...
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Hey BP,I've been looking for small multifamily deals in my area but prices are way too high compared to the rent potential of the area. So, I've decided to look at doing a single family BRRRR instead.Question:With th...
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Hi everybody. I am planning to buy my first house, I saw it on saturday and I need a suggestion. It is a seller market, it is hard to find a nice place. I have been looking for a decent house in a decent location for ...