Justin Goodin
Renovation Cost Breakdown
I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS frid...
Marcin Dzieniszewski
Moving to Dublin, IR in spring 2018. Looking to connect with you.
Hello there :)First of all, as a new member, I wanted to say big and cheery "Hi" to everybody here and great "Thanks" to the BP team for their amazing work! My name is Marcin and I'm a 37 years old Pole living current...
Shirley Pu
Should I hold or sell? Seeking advice
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
Dominick Dahmen
Buying a Mobile Home Park
I'm looking at a 44 space MHP. It's offering price is $1,350,000, and net income is $106,000. So a 7.8% cap rate. The thing is that the rents are considerably below market (according to seller which I need to verify) ...
Account Closed
Is landlording my best option for reliable returns?
I've made enough money to buy a large multiplex house with lots of bedrooms. It's actually not that much, since I've found an area where housing prices are low and monthly rents are high. I want to rent out individ...
Jason Lowery
HELOC - buy investment properties or put in a swimming pool?
I currently own a home in the greater Atlanta area. I have a decent amount of equity in my home considering I have not owned it long (~75-90k) and was planning to use this to install an in-ground pool in my backyard -...
Michael Voils
Unorthodox House Hack?
In this economy the value of my home has skyrocketed. I am eligible for a cash out refi of about 100k. Would it be practical, smart, ridiculous or whatever to cash out and use that money to purchase a rental property?...
Kaiden Batzler
Cash on Cash Return for Fourplex Question
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get...
Summer B.
Tenant Water Bill Increased
Hello There! Thanks for taking a second! My tenant mentioned that there was a leak coming from the toilet in April. I purchased a new toilet within 48 hours. However, it seems that the contractor missed a step with in...
Teague Anderson
NOI hit in last recession?
Are there any old timers on here who owned apartment buildings through the last cycle? I'm curious what happened to your NOI. Did it take a hit, and by how much? Was is from increased vacancy, increased concessions...