Michael Lerch
First Potential Flip
I got a house under contract for 70k. Just needs paint and cleaning I have budgeted around 2k. Minor bathroom and kitchen updates and appliances around 2.5k.
ARV is $95,000.
Here's the kicker, the seller had it li...
Ximing Feng
Tenant Complaining About Us Not Fixing His Issue Fast Enough
Hi guys,
Hope this finds you well!
We just closed on our first rental property. After 2 weeks the tenant reported that their bedroom window sliding off the track and it does not block the wind if it is wi...
Wes S.
Next Level with RE Portfolio - When to bring on employees?
I have been investing for 10 yrs part time, have built up a decent portfolio of SFH, Duplexes, Fourplexes, Senior Living Complexes and a few Commercial Buildings...the returns are solid but my maintenance and repairs ...
Alexander Kostrubiec
How difficult to find a willing investor for a fix and flip?
Hello everyone. Throughout my studies I've discovered that it is possible to perform a fix and flip with no money on your part, as long as you do the work. What this apparently requires is for an individual to approac...
Quynh-Chi Nguyen
Should I fix the washer?
My tenant emailed me asking me to change the lease which including the appliances. He used the washer today and it leaves water after the cycle. Last week, his wife called me and I came to the house, the washer was op...
Tim Lovell
how to finance that first property
Hi BP membersI have received and read a lot of great information on this site, I have learned to analyze property's. I have been to Syracuse NY, North Adams MA, Springfield MA, and in my own area. I have met a lot of ...
Chris LumLee
Thoughts about Shelby Forest-Frayser in Memphis TN?
Hi,Does anyone have any opinions on this area in Memphis TN (zip code 38127)?
Eric M.
Sellers, penalties for missing closing date?
Have you ever tried to add a $ penalty per day for delaying a closing date in a sales contract?
I know many of the delays are due to lender issues, but why should I bear the brunt of that cost? I'd like to give the b...
Account Closed
Halfway through the door
I've been interested in real estate investing for awhile and have a desire to see it through. I'm unfamiliar on where or how to start. I attended a 3 day seminar and gained little insight. After completing, they propo...
Jeff G.
Is REI just an investment, or can it suffice as a job?
My job of 25+ years is winding down due to sweeping changes in the market I work. It's a long story; the job isn't ending cold turkey, just slowing way down such that I need supplemental income. I suspect there's a go...