Hey BP family, hope everyone is well. After much research and putting in offers on multi family properties, we (wife and I) finally have a deal under contract, a 14 unit 1 bedroom complex. It's a fixer upper, but ...
Does anyone here purchase home warranties on your rental properties? I’m thinking about adding them to my properties to mainly cover items like hvac’s, water heaters and such.
The power went out at my house this morning. No big deal, we were planning on walking to school anyway. On the way back, we passed a neighbor, who couldn't take her kids to school because her car was in the garage. We...
I had a tenant who moved out almost 6 months ago. Yesterday, I received a written notice mailed to my address from his garbage collection company that he used while renting my property that he has a past due around $8...
Does anyone use or has anyone considered a tenant questionnaire much like an employee questionnaire? (Random internet sample)I have had tenants making ten times rent who have trashed the place and I have had very mar...
I've been having some mysterious water issues and my carpet got flooded in the dead of winter the other day. It seemed very strange because I did a test with a pressure gauge and there was no plumbing leak, and the gr...
I have been in discussions about purchasing a 20 unit apartment complex and have some questions. Property detailsPrice- $350k20 units- all 2/1.5 townhome style apartmentsRents- $500 per unit Taxes- $9k per yr (per f...
I have no idea how, but somehow my tenant moved her toilet half an inch. She either hit it somehow, or pushed it, or super hard plunged it, I'm not sure. But every time she flushed it, the water would rush/leak into t...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Dayton.
Purchase price: $350,000
Cash invested: $35,000
This property was listed on loopnet.com for over a year. The...