Aaron Lynn Brown
My first Flip!
16 September 2024 | 22 replies
But, most BPers either aren’t interested in, or like me have no talent for doing the carpentry, electrical work, plumbing, etc. in renovating a house.
Josh Cocker
Advice for Rookie RE: Seller waiving inspection
14 September 2024 | 9 replies
Pretty much all major components were newly installed / fitted and done to a tasteful standard (new metal roof, plumbing, electrical, kitchen, flooring, bathroom, doors, new hvac, decks, vinyl siding etc) and I have visited and walked through 3 times and even been under crawl space to inspect a repair that was previously noted on an inspection to the foundation after termite treatment which looked to be a good job.
Anthony Roberts
Toledo Reputable Contractors Request - GCs or Trades [Electrical, Plumbing, HVAC]
9 September 2024 | 4 replies
Hey BP family,Know of any good GCs, or specialty trades [flooring, plumbing, electrical, etc.] in Toledo?
Kaiden Batzler
Cash on Cash Return for Fourplex Question
14 September 2024 | 9 replies
If the fixes are cosmetic or minor, that’s a big plus, but if there are larger repairs (roof, plumbing, etc.), ensure you budget for those.
Michael Belz
Seeking Feedback on Multi-Family Deal Underwriting
13 September 2024 | 9 replies
Older buildings with older systems: plumbing, electric, HVAC, roof, tend to have more maintenance costs than newer properties.
Brian Zawacki
What are deal breakers for you in an inspection report?
13 September 2024 | 1 reply
What type of plumbing pipe is in the house - galvanized steel corrodes from the outside in, lead pipes may have been common back then.
Marc Shin
Under contract on an Older Home (early 1900's).. issues
12 September 2024 | 6 replies
Replacing cast-iron piping can be costly and labor-intensive, and while the mixed plumbing indicates previous updates, you might want to get an estimate from a plumber to understand the full scope and cost of replacing all cast-iron pipes with PVC.
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.
Aaron Lancaster
Water Dripping Down Siding
11 September 2024 | 4 replies
I have seen situations where a leak that appeared to be HVAC was a plumbing issue and vice versa.
Nicholas LaGatta
Non-conforming multi-family in R4, zoning/permitting nightmare!
11 September 2024 | 20 replies
Rick, I think online permits are limited to the items below that I pulled off the website: Request Electrical & Plumbing permit for new or replacement electrical & plumbing for single family/duplex homes