Charlie Anne
Calling all laundromat owners!
How do laundromats cash flow vs real estate?Please tell us your success stories and failures. P.S. Is it doing ok during COVID? Any advice?
Judy Mitchell
A Rather anal-retentive question re frequency of replacing furnace filters in CO condo
Hello BP Community,Here I am reaching out to you again.As a native Coloradan residing in Bangkok for 11+ years I am afraid I am out of touch with how to maintain furnaces. I believe I misinformed my tenants that 1x p...
Jason Wu
Two family house with only one electric meter
Greetings to the great BP community! I am currently looking at a two family house. I am planing to live in one unite and rent out the other. The problem is there is only one electric meter. How do I price out the ren...
Alex N.
Water damage and tenants "education"
The story is pretty typical: inherited tenant did not report leaking bathtub faucet, it caused water damage downstairs and was reported by the tenant from below. Water damage is not huge, hopefully I would only have t...
Ken P.
How to find utility cost before making an offer?
We're considering making an unsolicited offer to purchase an apartment building. We know what the rents are, what the vacancy is, what the competitive rents are, have estimated per-unit and site rehab costs, after-pu...
David K.
Gas Forced Hot Water Boiler Replacement cost
Hey Guys-In all my units the heating systems are forced hot water gas baseboard. At some point the 25 or so year old boilers are going to start going. Anyone have one changed out recently? Trying to get a rough ide...
Jeffrey Muth Jr
Commercial property use
Hello,I'm a bit stuck with my Commercial property I purchased and needing advise on what to do or steps to take. This is a C1 type property and it is .30 acres in the city of huntington wv. I purchased the property fo...
Jarrett Gilliam
Duplex and Utilities
Hi all,I am trying to run numbers on a duplex and I'm curious about utilities if I decide to live in one unit and STR or house hack the other. Normally the utilities are split for LTR but, for STR I'll be paying for a...
Victor Noriega
First wholetail deal or should we fix and flip?
We have a home under contract. We are buying it at $45k and had an appraisal done and it appraised at $63k. We contacted a local realtor and their CMA says the house could be listed at$87k with repairs done.
The hou...
Timothy Jacob Wallace
One Electric Meter for Duplex
I'd like some feedback from the BP audience.
Long story short, I bought a duplex on a lake. The margins are slim but still positive, but the reason I purchased the house is due to property values rising a signific...