Jarret Durst
House Has Asbestos Siding
Whats up, BP people? So, if the inspection of the structure pans out, I am getting an insane deal that will allow me to get into a rental market with high demand but no supply (outside slum lords). Problem is, this ho...
Steve Bruza
Rental Property Driveway Repair
I have several rental properties in a HOA community. The asphalt driveways on several of the units are not good and have not been maintained over the years. I have hired a contractor to put down new asphalt and he h...
Ken M.
Looking for Best Practices on MF investing in the Midwest
I'm looking to invest in out of state opportunities. I'm considering the midwest because its a market I'm familiar with and I have family and friends still there.Does anyone have any resources for learning or best pr...
Kelly Sams
Just bought an occupied (previous homeowner)- now what?
Hi! We bought our first occupied flip in Ft Mill, SC. We've been trying to get in touch with the occupants (previous homeowners) to no avail. I'm thinking we may get a response from them if I post a 24 hour notice ...
Edward Smith
Hatfield & McCoy.....
Help!!!! I have a 2 unit with 4 beds and 2 baths in both. The lower tenant complains that the tenant above them is too loud and vice versa. I went and stayed in the lower unit for a few hours and you could hear a pin ...
Noah Andrews
Looking to Acquire 12-Unit Multifamily
Hi everyone! I am currently looking at this 12 unit multifamily deal in Miami. I plugged in some numbers for the property to get a rough estimate of what I am looking at, but wanted to know what you guys think. I used...
Pat Jackson
House on septic that's not up to code, should I close?
I have a 2/1 under contract for 28,500. ARV 70,000. Would rent 700-750 rehabbed. In a nice B neighborhood. Needs ~20k in updates, not including septic updates. I bid on it not knowing it's on septic.I signed the ...
Jacob Elbe
How to resolve moisture in the basement?
Good Morning!I'm wondering what experience some of you have with different solutions for moisture in basements. One of my properties in Euclid, OH received a violation from the city during the inspection last year:"T...
Eugene Vollucci
Comprehensive Property Analysis Strategies
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
Kelvin Duen
Troubles with Con Edison and Oil to Gas conversion NYC Bronx
I may be tackling a smaller multifamily project in the Bronx soon. The property has cooking gas but its heat is from oil. Since it is always better to offset the cost of utilities to the tenants, and because the oil t...