Stephen N.
Dealing with pet urine in plywood subfloor
I am rehabbing a house with pet urine stains throughout the upstairs subfloor. I was hoping that all I need to do is cover the plywood with Kiltz and call it a day. Before i do that though I wanted advice on whether...
Ernie Cruz
When to Replace Appliances - Before First Tenant or Later?
So I was having a conversation with my wife last night about a potential rental property and we came to a fork in the road: If you were going to purchase a unit to rent, and the property needed some light cosmetic wor...
David C.
What do you use for Expense Ratio?
I’m looking at buying a LTR. When determining the net income, I simply multiply gross rents by an expense ratio to determine the net income. My question is, what do experienced LTR investors use for the expense rati...
Faisal Farnas
My Landlord Is willing to Sell - Help !
BP Experts,
I am currently renting a townhome in a desirable location. I am looking to to buy my first home. I emailed my landlord asking if the house was for sale and he replied that he would be willing to consider ...
Account Closed
How to finance a small apartment building purchase?
My major plan is to start buying up small apartment buildings (5-8 units) to rent out. I am trying to gather as much advice on financing one of these as possible. What is the best route to take to finance this sort of...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Neal D.
Help analyzing a property for buy and hold, please?
Hi everyone, In my haste to learn how to use the rental property calculator, I used all of the free trials to learn about how to use it. Now I have found a property that I feel like I could really take action on(Brand...
Derek Johnson
Our Second Investment Property in One Year!
Hello BP,I wanted to post some info about our upcoming property purchase, we close on July 1. I am really excited about this one, and only a year after buying our second property and renting our home out. I leaned on ...
Martin Harris
First (potential) Deal Question
All – Getting ready to (hopefully) purchase my first rental property. Found it on a listing site so it would not be through a realtor. Person is asking around 70% of the value, at my initial look there’s some work tha...
Donald Latson
Rehabbers
Hello Rehabbers Good Afternoon,Can you tell me about some of the mistakes you made as a rehabber, so they can be avoided, if you don't mind taking a trip down memory lane?How about some information on some of the big ...