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I BP! I'm actively looking to buy my first rental and found an off market deal I would like some advice on. The basement of this property has wood paneling covering the foundation and there is very evident signs of ...
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I received a bill for $1,300 from the sewer company, basically all of my cash flow. Is it common practice for the landlord to handle this? The units are not individually metered. Could I charge a set amount per month ...
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I have a duplex that has two really old gas furnaces that are about to die on me. Instead of dropping $6000 on two new ones, I have contemplated replacing the heating with baseboard electric heat throughout. This plac...
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Hi everyone, I'm looking at a 3-unit in New London. During due diligence I've discovered that the water/sewer costs average $180/month for the building. This sounds high to me. The town confirmed that there are usage ...
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Not sure if I am posting in the right forum or not...but I have a plumbing question in a rental That I am renovating. The city requires all new plumbing to have a shutoff AFTER the meter at the street. I found a box i...
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Hello BP, I bought a SFH in 2017 and during the closing period, there was some water leaking into the garage after a rain. It was brought to the sellers attention who advised he would repair the garage to stop the flo...
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I am currently looking at a 4 BR 2 BA single family home. The purchase price is $90,000. There is standing water in the crawlspace, some work to be done on the kitchen floor, and some electrical work. I am estimati...
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This is currently contingent, but I decided to run numbers on it anyways.Property: 1639 Main St, Sweet Home, OR 97386Listed Price: $445,0004 units2/1s ~(842 S.F. Each)Comp Rents: $1,000.00https://www.realtor.com/reale...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $18,000
This was my 3rd investment property that I purchased. Roughly 9 blocks away from th...
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Have you had recent success owning rental properties in these surrounding Detroit communities? I realize these towns have been through the economic gauntlet for many years. Would love to hear your experiences in these...