Marc Amedee
Newly Purchased 3 family in E. Providence, RI.
Hi everyone,I recently purchased my first investment property in RI. The house is in amazing condition according to the inspector. However, I want to be prepared for the upcoming winter. Does anyone have any recommend...
Robert Smith
Simplisafe Alarm/Monitoring System For Rentals?
Hey all,One of my concerns as a landlord is water, fire, and other damage by a tenant or plumbing. I was wondering if adding a Simplisafe Alarm system which also has optional water/flood and fire detectors would be a ...
Account Closed
Water leaks in basement
Hi, I just went to see a house this afternoon and I noticed there were 2 leaks in the basement. One of the leaks was coming from a pipe. But I couldn't tell where the other leak was coming from. It was raining so it w...
David Maxwell
First rental property
Investment Info:
Single-family residence buy & hold investment in Milwaukee.
Purchase price: $56,000
Cash invested: $12,650
Buy and hold rental property
What made you interested in inves...
Donald D Michna
Submeter Water Utilities in Milwaukee
I am investigating the best way to submeter the water utility at a duplex. Assume minor modifications to the plumbing as the plumbing is essentially separate. From what I understand Wisconsin allows landlords to subme...
Kevin Howard
Lift Station Issues Due To Tenant Negligence...Any recourse?
Hi BP Community... I have a nasty reoccurring issue at one of my multifamily complexes. The lift station keeps backing up due to the grinder pump seizing up or breaking completely. I replaced one last year and another...
Brad Gilboe
Separate Water Usage Device?
What is that product/device that BP endorses for when you have multiple units on one water line and you want to effectively sub-meter it and bill it back to the tenants? Thanks in advance.
Lara N.
Trying to decide if a house is a good or bad investment
I have a pending sale on a 3 bedroom 1 bath craftsman single family home built in 1912, it has a non-permitted but livable basement with it's own full bath, sink & separate outside entrance. The home is in a desir...
Satha Palani
Winterized REO inspection
Hi,My offer on a REO duplex just got accepted. I have 10 days to inspect and decide if i want to proceed. The house is currently winterized and the contract states that i am responsible for re-winterizing if I de-wint...
Michael Guerrisi
Insurance
Hi,I am about to close on a house that I will be rehabbing. Can anyone suggest what type of insurance I need I saw on some old posts builder's insurance and vacent home insurance Not sure which one I need the house...