Dave Ketcham
Replace refrigerator icemaker?
We supply a refrigerator with our rental property. It's a modest but nice 3BR 2BA SFR in a nice neighborhood in Lee's Summit, MO. The refrigerator is older and the icemaker stopped working. The tenant has asked ...
Sam R.
Converting coin laundry to card laundry
I have a small multifamily with a coin washer and coin operated dryer. I would like to convert them to card machines. Does such a conversion exist? Would it be brand specific?
Account Closed
Investing in Durham, NC
I just purchased my first property (SFH, house hacking) in Durham, NC and looking to pick up another single family or duplex in the next 6 to 12 months. For those who are familiar with this part of the Carolinas, what...
Vincent Townsend
First Deal Success Story!
Hey BP, Im super excited to share with you my first deal! I'll include as may before and after pictures and I can.My brother and I partnered on the deal and got a standard loan with 20% down. This is a long distance r...
Aryelle Collins
Direct Mail Marketing
I am putting together my first direct mail campaign as I begin my journey into the real estate industry as a buy and hold investor in the Tampa and St. Pete area. I am going to hand write the yellow letters but most i...
Elizaveta Dolzhenko
Potential tenant cannot pay deposit in full
Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...
Nicole Pettis
Rich Dad Poor Dad Fake or Not?
Anyone who listens to the podcasts and or researches the recommended reading for Real Estate Investing, Rich Dad/Poor Dad is at the top. Currently I have been listening to it and I have to say, I wish I had listene...
Will R.
Living in New Construction to Avoid Capital Gains
I spent a long time looking for an existing thread on this but could not find one. I have been a reader for a long time and this is the first time I have created a thread because every other time I have found one. Her...
Patrick Philip
Always use a realtor for flips?
So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
Jerry Miller
Property Manager, issues with make ready repairs
Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...