Lorelai Gilmore
Painting and normal wear and tear
My tenants have been in the unit for 4 years and they're moving out soon. The walls were professionally freshly painted before they moved in and now they're thrashed. Every single inch (or it feels like that) of the w...
Juan Mora
San Diego. Is this a good deal for a flip
I am looking at this property for our first flip in California. https://www.zillow.com/homedet...Single family residence Purchase price $450,000Renovation $80,000All in $530,000Selling price $630,000Closing costs $30,...
Kevin Harrison
Another Turnkey Thread
Ok folks, this is my first post on BP. I love the site, the podcast, and forums and exchange of information. I have not yet purchased any investment property but have been considering a turnkey approach. Companies I a...
Brian Fiorillo
Minimum number of units to determine value using cap rate
Good Morning BP,
My agent and general contractor are walking an eight unit apartment building for me today. Initial review of the numbers looks great. My question is, at what point are you using cap rate to determine...
Eric Striegel
What to do next after getting an interested seller
Hi BP community! I am new to BP and am a new investor. I have been driving for dollars and spreading the word that I am in the market to buy in my home city of Tucson. After looking for off market leads, I developed a...
Dennis Nemitz
Raise rent one apartment at a time.
I am looking at buying a tri-plex. The current rent is from 1998, can I raise the rent on one apartment at a time? All the apartments smell bad and are dirty. I will have to paint and replace carpets and I do not want...
Kyle B.
Help with searching probate filings
So I went to the Clerk's office at the county courthouse to look through the probate filings. When I asked to do this, I was told I could only look through filings if I provided them with a name, which I wasn't abl...
Brady Beshear
Smart Thermostat for new Airbnb...
Howdy - I'm here with another basic STR question as I jump into my first short term rental. I've searched the forums and seen support for Nest and Honeywell T5. What thermostat do you use and recommend? Thanks in adv...
Aaron Freeman
Questions about Offers/Contracts
Embarrassing question time!I am embarrassed to say I have purchased 3 primary residences in my life, and don't have a clue how my agent handled offers. 1) When reading about the BRRRR strategy it seems that it's com...
Ralph Galdorisi
Deferred Sales Trusts 1031 exchange
Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).I was introduced to a less heard or Deferred Sale trus...