Yuvaraj Vimawala
Austin local service prices
Hi,I am a local investor in Suburban Austin area. I usually do make ready (paint, carpet, fence, toilets, fixtures etc.) on an acquisition before renting out. I intend to offend no one by this post. I am sure there ar...
Bienes Raices
How many smoke detectors?
I've been putting one smoke detector in the hallway and one in the kitchen in my rentals. I know this varies by locality, but the electrician told me the code also requires one per bedroom. This seems like overkill to...
Amanda G.
How do you estimate if you can't see the inside?
I read an outdated book that had a rule of thumb for estimated $/Sq ft for renovation costs. Does this idea seem legit? How do you estimate when you can't get into the property before you make a bid?
Jason Blasenak
Cinder block apartment rehab
Hey all,I am considering buying a multi unit 1950's constructed cinder block apartment building and wanted some advise. The electric is knob and tube which is the major problem with cinder block walls. The second is...
Wesley Thompson
Maryland Mobile Home Park Acquisition
I'm looking at a small MHP, 6-Units, in Maryland. It will be my fist MHP and commercial property. It's a small market about 30 minutes away from a small city in MD. pp=$305,000
4 of the 6 units are occupied at $850/m...
Robert Johnston
Normal Wear and Tear?
Good Evening All,In preparation for my tenants vacating a property on 4/30/19, I conducted a walk-through inspection, which revealed a long list of damages and cleanliness issues. I'm specifically curious about every...
Waylon Smith
STR Cash Flow Analysis First Time - What do you think?
Hey everyone. My wife and I are ready to invest in our first STR. I know BP has rental calculators and I will likely use them in the future. However I wanted to do this manually so I can learn it myself first. I would...
Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Christopher Price
Water shut off guide for tennants. Good or Bad idea?
Hello everyone,I own a 4-plex and have run it for 3 years now with success. Recently I ran into an issue with a tenant. She had a leak under her sink and was unaware how to shut the water off. I was able to get to ...
Jo Jones
tenant landlord dispute
In the state of Indiana is the following a legal itemized listing- I sent these to my previous tenants and they are disputing it
First letter:
I am not returning any of your deposit. The house was left in a horribly ...