Michelle Lyn
Electricity bill doubled with new tenants. Can we investigate?
Hello BP folks! We have a 3-family rental in New York. 2 units have the same tenants for years. Other unit moved in in Sept 2020. Utilities are shared so we include them in the rent. We're seeing this winter that the ...
Rick L.
Appropriate Cap Ex, Repair/Maintenance, Vacancy Expense Estimates???
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
Isaiah Oloyede
Must Have Tools and Equipment for House Flippers
Hello BP,I'm doing a personal research here. I am trying to compile a list of must-have home renovation or improvement tools and equipment for flippers. By tools, I mean physical tools, not software.What would you con...
Ken Latchers
Your Opinion on Closing Laundry Room & Billing for Water
I am about to close on a newer 6 family. It is fully rented, but was not managed well either financially (less than 1 month security, very high water/laundry bills, etc.) or contract-wise (simple 1-page contract). O...
Bea B.
Bed Bug in a wallpaper? F***
Hello everyone, I have a trouble and i need some good advice.I just bought a nice apartment which I decided to fix up myself, because I need a rest of my money to buy another apartment and I just can'tpay a handyman t...
Joey Nakayama
Chicago vacancies with winter coming -- help!
Hi BP community, any tips for filling vacancies in a market that slows down in winter? I recently wrapped up a renovation on one unit and have another with tenants leaving at the end of December. I have ads up for bot...
Anthony Horner
Where to Purchase for Rent by the Room SFR in San Diego?
Inspired by BP episode #392 with Todd Baldwin where he discusses purchasing property in expensive markets with high population density and strong job market. To overcome the high prices, he rents the properties by the...
Clay L.
Long distance Airbnb
Hey guys, first post here and really enjoying my new found obsession with Bigger Pockets.I currently live in the Denver CO area and own another home (apart from my primary) in the Rocky Mountains at 10,000ft that I us...
Patrick Kaiser
It's all about the price right now
A few months ago, buyers preferred higher end finishes and were willing to pay a premium in almost all parts of town to see really nice stuff. This is in part what was driving prices up so wildly. Flippers were puttin...
Keith N.
Tenant Wiring
I've been renting houses and duplexes for almost 12 years now, and this is the first time I've encountered this problem.I have a 3BR/1BA SFH that 3 guys in their 20's-30's started renting about a year ago. When they ...