Martin Graf
converting SFH w/ separate utilities to triplex
Hey everyone, I'm looking to put an offer in for my first deal on a triplex I recently saw in South Philadelphia. They advertised it as a triplex, but after seeing the property in person I discovered it was a three st...
Michael Cotton
Cap Ex and Maintenance Costs
What is it like budgeting for cap ex and maintenance in C class neighborhoods in Cleveland?
Jose Batista
Refinance or or Sell
I bought a property November last year. Purchase price was 55k, I did 10k down. I rented this property for a year. It did pretty good. Now I am in the middle of deciding If I should Rehab the property and refinance, r...
Sean Ploskina
'Sagging addition' according to inspection
I just got an inspection report back about a property I am looking at and the big thing that jumped out was the 'sagging addition' due to insufficient foundation support. The addition is an overhang on the 2nd floor....
Paul B.
Insurance for my rental condo in Boston, MA
I own a 1 BR condo in Boston. The condo association has a master policy for the building. My tenant (hopefully) has renters insurance for his personal property. I have renters insurance because I rent my primary resid...
Paul Springer
Florida lease option contract?
Hey BP,I hear mixed reviews on doing lease option or subject to deals.I am hoping some one can finally nail this down for me and explain the correct way to structure a lease option contract (subject to the existing lo...
Janet Taylor
Advice on buying house
Need advice:HOUSE #1 - I own house valued at $300,00 and only owe $7,000. I rent rooms and garage apartment to traveling nurses totaling $4,200.HOUSE #2- 5 BR , 3 Bath House on same street closer to hospital needing r...
Jack Srimani
Bank refusing to lend on property for 25k
Hi,
I contacted my bank for financing a property I am buying which is approx. 25k. However my bank denied stating that they will be only financing properties of much higher value where the bank needs to lend at least ...
Andrew Powers
HVAC Vents in Duplex Shared Hallway?
Is it typical to have a HVAC to a shared entry hallway in an apartment? I'm redoing the HVAC system in a top/ down duplex. The space contains a short common hallway on the first floor, and continues to the 2nd level s...
M T Naughton
Good deal? - STR - Austin, TX - Duplex
Hello,
I hope everyone is well! I'm about to close on a duplex in Austin, TX. I currently own one and sadly the cost of homes has gone up so much that doing it the traditional way no longer cash flows. As such, I'm c...