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21 July 2021 | 4 replies
For context, it's a $700-800k 2-unit MF, which I'm indifferent about in terms of going the owner-occupied vs pure investment route.
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22 July 2021 | 4 replies
This post is purely opinion based although I suppose some may have experience with this.
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22 July 2021 | 1 reply
I’ve had this tenant that I already plan on not renewing with, but my city called today needing access to the building (4 unit) to turn off water.
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22 July 2021 | 2 replies
This includes gas, electric, water, sewer, trash etc.
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25 July 2021 | 3 replies
I would ask the owner for the age of the roof, age of utilities (water heater, boiler/oil tank), and ask if/when the most recent upgrades were made to the property.Of course, take the responses with a grain of salt.
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29 July 2021 | 18 replies
Oil tank removal and remediation should be the seller's responsibility, not yours, UNLESS you're a very experienced investor getting a tremendous deal sold strictly "as is" where you've waived all your inspection rights.The worst case could be significant soil contamination requiring thousands of dollars in remediation, followed by soil and ground water tests by the state of NJ.
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24 July 2021 | 1 reply
Not sure if watering helps or hurts, but your tenants are not going to water.Is everything separately metered?
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24 July 2021 | 0 replies
I then but a Tiny Home on it and set up my PV system and water catchment and lived there off the grid for 4 years.
26 July 2021 | 28 replies
The things that draw power are water heaters, and appliance.
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25 July 2021 | 8 replies
Sorry, but I need to tell one more short story.I have a 24-unit apartment building and I had one tenant who had moisture on his windows every day where it looked like he sprayed the window with water from the inside.