Rick P.
bathroom renovation
i'm getting ready to update a bathroom that has a double sink. i wondering if it's a bad idea to change it to a single sink. i'm planning on keeping the existing cabinet the sinks sit on but am having a hard time fi...
Connor Bell
CapEx Reserve - Rental Properties
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
Charlie B.
Lease ends, tenant moves out, and then you learn that they broke the No Pet Rule. What do you do?
Would you keep a "Pet Fee" out of the security deposit? In this instance I am holding 1.5 months deposit ($1,725). Otherwise the tenants were perfectly pleasant. So what do you think is fair in this instance? We're...
Karen Margrave
Medicine Cabinets or No?
Just curious on whether or not you put in medicine cabinets in bathrooms (especially smaller bathrooms with limited storage)
Do you do recessed or surface mount? What Brand do you use? Have you bought any of the hig...
Jonathan Drago
Can I Buy a Home Warranty Prior to Prior to Purchase/Inspection?
Hi All:Question for the veterans...I'm looking to purchase a property from a wholesaler to rehab and resell. I'm obviously buying "AS IS" but wanted to know if there's a way I can purchase a home warranty for the prop...
Joseph Adelmann
Home Inspection Repairs
Hello Bpers!So I had a home inspection on the 3 unit house I am purchasing and came up with a list of items to have the sellers repair. They came back not willing to fix these issues but instead offering a $1000 cred...
Jane A.
Rental expenses at Tax Return
There is an official guidelines that yearly repairs and improvements expenses for a rental property should be below 2% of the purchasing price. For example for 100K Douplex we will spend no more than $2000 during the ...
Andrew P.
Once the house is repaired, do you get it re-inspected?
Closing on my first home a a couple weeks!So here's the deal...I got the home inspected, and it's in good shape. A few things came up though1) Front Porch was separating (not the foundation)2) Rear Left Gutter/down...
Rick R.
New investor advice on Rental property
HiI am planning to submit an offer on a rental property in B/C area in a small city close to Dallas Metroplex. Below are the details and can you please advice me, if this is something worth pursuing. Sale price : $210...
Josiah Cockroft
My First Real Estate Deal!
Investment Info:
Single-family residence fix & flip investment in Del City.
Purchase price: $41,000
Cash invested: $53,000
Sale price: $159,000
This house was a fire damaged property that was...