Stephen Jahn
What is Normal Wear and Tear
I have a duplex and the tenant has a broken faucet. The sprayed handle is detached from the hose - I want to deduct it from the security deposit, but how do I know this is not considered normal wear and tear ?
Benjamin Sulka
Using Chat GPT for Lender Conversations
Hey BP Forums! Wanted to share something interesting with the lending community and get your take on it. I was preparing for a conversation with a lender regarding FHA 203(k) loans. I have a basic understanding of the...
Hm Dige
What to bid on a house that’s been off and on the market for 10 years?
First of all, we understand prices in Colorado have been rising way more rapidly than other parts of the country. Some people are getting list price even though asking 40-60% over last year. We are interested in a wel...
Steve Peterson
Cash-Out Refis on Rental Property
I'm having a really difficult time finding anyone to cash-out refi my rentals in Ohio. I'm working with AIMLoan -- but they are taking forever -- and cannot do a 30 year. So I'm stuck with 15 year and only 70% LTV o...
Brandon Schlichter
Bedbugs and landlord liability
Recently an area where I have rental properties has become a hotspot for bed bugs.Treatment companies are now wanting astronomical rates ($800-$1500) to do treatments on properties. Unfortunately with how prevalent th...
Mitchell Smith
Starting out in the Atlanta area
Hey guys!
My name is Mitchell Smith and I'm looking to get started in the real estate investment world! I'm a young entrepreneur with experience in sales and marketing and I'm just looking for a starting place. I'm l...
Hugo Lopez
Lets talk craigslist...
Fellow BP members,I have started to use Craiglist as part of our marketing Stragety:The folowing is the sample ad I have used:Every once in a while, life throws us curveballs. My name is Hugo, with Resolutions Real Es...
Benjamin E.
Kitchen Renovation / Rental Unit / Drop Ceiling???
Hi all,So, I am renovating an older three bedroom unit that will be a rental. Refinishing hard wood floors, installing hardwood in one room that had carpet, new stainless steel appliances, venting out bathroom and kit...
Nolan Murphey
Investing Help!
Hey guys, a friend and I want to start a real estate investing company. We want to start as soon as possible, but the problem is we are both in college and don't have a lot of money. We are both licensed real estate a...
Marcin G.
interviewing....
I have started interviewing GCs for the property I plan to rehab. I have prepared a detailed scope of work and every time I meet with a new GC I explain what I need to get done and I give SOW to them. Then we discu...