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Hi, I’ve owned a 4-plex in Phoenix for almost a year now.The building had deferred maintenance issues that are hopefully being weeded out and corrected as we go along.How do I as the owner setup the building for succe...
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I am new to these forums and to the real estate investing world… I recently acquired a single-family home that's a non-conforming duplex. The previous owners paid all utilities for both tenants and included that in th...
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Hello folks - I purchased my house in Aug 2018 in NJ. It is a single family two story home with a basement. The house was constructed in 2000. It has a sloping backyard elevation coming to the back of the house. The p...
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Hey BP Forum, I have been juggling the idea of getting certain home warranties for my properties like: sewage/water line warranties, appliances warranties, etc.I have had clients ask me if it's necessary, and while I ...
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Question ... has anyone any experience with septic issues with apartment buildings? I am considering a property that has great numbers, but the 4 building complex has septic issues like: drain-field, "bubbling" due ...
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Hi BP Nation, Thank you in advance for reading my post. You have been great all along!!! So I might have been unlucky and gotten one of tenants from hell. SituationFirst, my tenants decided to make alterations to the ...
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Hello bp!One of my properties has a slab leak in the bathroom. A plumber went out and quoted 4K to remove the tub, excavate the slab, cut back until healthy line is found, and replace the line w pvc extension. After t...
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I found an area that has good schools, low crime rate, convenient amenities nearby but no multifamily properties in the area.....like, at all. Is this a business opportunity? Other than getting permission from the vi...
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So, this 3 bed room, 900 square feet, home I am planning on buying HVAC and water heater is out of warranty. I believe the Hvac is 23 years old and the water heater is 15 or more (as I remembered). The seller wanted 7...
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We are going to start billing new tenants for water usage (obviously by putting in the lease, units are individually metered). Does anyone mail monthly bills to their tenants for things like water?
If so, do ...