Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
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Here's a hypothetical scenario... :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so br...
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First of all I want to thank Biggerpockets for an awesome site and tons and tons of information that has helped me succeed. Wouldn't have been able to do this without you guys. Here is a little back story, I purchased...
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My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
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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...
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Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
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BP Hivemind. My PM has the following language in tenant leases. They, however, keep the monthly fee of $25 per month. Based on the below language, would you agree that they should be keeping this $? Clearly, I don...
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Im thinking of doing some wholesaling in San Francisco does anyone have any experience doing that there my profits are just to thin to keep wholesaling here in South Carolina. Thanks
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I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...
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Hello everyone!I'm interested and have been reading about SDIRA and had some questions I was hoping to get answered.(1) Once the money is transferred to a custodian and a property is found all profits go back into the...