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Results (7,398+)
Shane Brown Water damage in possible purchase
16 October 2018 | 8 replies
@Shane BrownIf the mold is isolated to sheatrock like after storm related flooding, you could just cut out the bad sections of sheatrock and dry out the area.When it’s this bad and mold is on all surfaces, usually a crew in proper safety gear has to come in clean the place with a mold killing solution.
Account Closed Think I outbid myself; thoughts on overpaying?
9 May 2019 | 38 replies
I don't have to worry about if I overpaid, it works for me.And if new information surfaces I just put that into my system it's simple maintenance.
Henry Clark Self Storage Day to day Constructing a new facility
7 January 2023 | 91 replies
This gives us more buildable surface.
Brian Kieser Bed bug Clause
20 June 2016 | 3 replies
.  Move furniture toward the center of the room so that technicians can easily treat carpet edges where bed bugs congregate, as well as walls and furniture surfaces.
Nicole Clemens Squatter/Cash for Keys Questions
19 April 2022 | 25 replies
You're looking for the easy way out, but as usual what looks easy on the surface often times turns into something a lot harder than just buckling down and doing it right from the start.File the police report, file the eviction, serve her, throw her out on her ***
Mike R. earthquake insurance
10 September 2015 | 3 replies
If you have an older masonry type building it may be worth considering, but most wood constructed buildings will move enough to limit damage to surfaces like drywall and fireplace chimneys.  
Twana Rasoul If you are starting out, DO NOT pay for mentorship
15 July 2021 | 212 replies
It would take a heck of a lot of time and instruction to even begin scratching the surface of what it would take to make someone self sufficient in identifying and carrying out deals.
Joey Isidore Down payment Assistance on second property
28 April 2023 | 15 replies
@Alban Celiku I could but the cash equity value wouldn’t really scratch the surface on the 20% down payment amount for multi-family purchase prices here in MA, would need about 80k-100k nearly saved.
Paul S. Replacing Wood Decking With Composite
5 December 2014 | 13 replies
The deck also gets (got) stained every year.Well it is time to replace the entire decking surface and I am considering using composite decking materials.
Steven Gesis Purchasing 100+ MultiFamily Apartment Building - Needs Renovation
11 July 2018 | 27 replies
So, here it is, I love SFR, I have A LOT of SFR, over the course of the last two years, have been dipping into the Multi-Family space and now graduating to 100+ units - still buying lots of SFR (I just cannot contain myself :) ) 10 Reason(s) I love SFR:Higher RentsLess Turn-OverCan be more strategic with purchase location and typeMore of it available in the marketplaceLike the idea of a single home, single transaction, single & quick exit plan Financing Readily AvailableManagement System and Controls in Place (internal function)Construction is streamlined with all standard products in ALL SFR unitsTenant Responsible for Exterior & UtilitiesSimple, Simple, Simple and can be replicated easily/swiftlyAs I have been trying my hand at Multi-Family, it is similar but not the same and many will argue you gain more efficiency with Multi-Family but, you equally gain more challenges:Larger Common Expenses: Cleaning, Exterior Maintenance, More Placement, Common Area Utility CostPotentially higher turn-over (frequency of turnover)Same material buying power as lots of SFR (Construction side) In-Fighting amongst tenants (always a fun one)Larger Capital ExposureProgressing into this next phase, after slowly moving from 2-unit, 4-unit, 8-unit, 12-unit, 21-Unit, 36-Unit, 40- Unit - now to 100+ Units, all had own challenges - but the goal has always been the same, take something that's old, undervalued, do an awesome renovation, raise rents and replace existing tenants with higher quality teantns willing to pay a small premium to live in an updated unit as opposed to your typical run of the mill apartment (existing tenants  have the option to upgrade to the new premium units or exit) -My question for BP Community what amenities are important to you - adding the following, please feel free to contribute or comment:USB Outlets in all rooms (including bathroom)Tile Shower SurroundHard Surface CountersStainless Steel AppliancesNew Luxury Vinyl Tile Flooring High-End Glossy European Style Kitchen CabinetsLake View (Unobstructed 270 degrees) Updated Elevator Cars Fancy Modern Lobby with Coffee Station and Dry Cleaner Kiosk (drop-off and pick-up)New Kids playgroundNew Dedicated Dog Park (Real Dog Park)SmartHome HUB (Powered by Amazon Alexa)Electric Car Charging StationBike Station and In-Unit Bike RackPrivate and Secure Fenced in Parking8th Floor Rooftop Deck and Community Center featuring (Large Format TV's, Ping Pong, Billiards) - with Full Lake ViewOn-Site Coin Operated Laundry.............What would you be willing to a pay premium for?