How do you determine what normal wear and tear is when giving a tenant their deposit back? I always have my properties cleaned and if needed, painted before a new tenant moves in. When they move out, the walls are al...
Hi everyone. Was looking to hopefully get some help from you rehabbers on this possible deal in my near future. It's a 4 bed 3 bath in a fairly nice area in Alabama (but I'm in Georgia!!). The pros are: Great, cute...
I have a question for investors: as seasoned investors, do you pay for a home inspection? Why or why not? How does that home inspection help you come up with a quote for the deferred maintence in a property? Thanks!
Hi all, I have a property in Atlanta that was successfully rented out to the same tenant for a couple of years with no major red flags -- good credit score and stable job. Unfortunately, last year the tenant failed to...
I recently closed a building with 24 residential units and it is more than 100 years old.I have talked with a designer/architect about interior design.His quotation is around 21k for all the units.Is the quotation rea...
my current cpa has been in the business for 40+ years. He’s about 70-75 or so. This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers. he wants it broken down specifi...
Hi All,I am a newbie to business (been a RE investor for a while) and need advice from folks on this forum.I am currently in a dead end but decent paying job that I desperately wish to leave.I am evaluating a business...
Wanted to ask a question... I had to evict sone tenants because they got used to paying at the end of the month and then it would be paid at the beginning of the prior month... I never charged a late fee (I know it wa...
Hello bp community. I've Been reading the forums and listening to the podcasts for awhile now. But I could really use some advice.So I purchased my second rental two years ago, it was a Fannie Mae(homepath) property. ...
Put a bid on a house just east of 35 good location. House was almost 1400 sq ft and priced at 164,900. Put a bid at 170k and had the high bid but a cash buyer came in and they took that offer.It could come Back On Mar...