I have ran across an amazing opportunity in a 3bd/3ba townhome that ran some great numbers, but it has been bought. I want to call the owner and see if he would be willing to sell any other property of that kind, but ...
Hello Everyone,I am trying to sharpen my skills at evaluating multi-unit rentals in the Canadian market and calculating cash flows. I have some questions mainly on accurately forecasting capital expense. My target are...
Hi BPers!
I am currently analyzing a deal that situated only 2 blocks from Drexel's Campus (Philadelphia), it's a highly desired location for students. I only know this because I attended Drexel for 4 years so I hav...
I have an accepted offer on a duplex and i will be getting the home inspected this week. is Infrared scan recommended for hot/cold spot detection? if it shows a problem will the inspector be able to inform me the scop...
Hi all,First shot here and landlord-ing a property that we owned as primary residence and are waiting to sell in a few years. Did an inspection Thursday and tenant informed us that there’s 5 minutes of hot water for a...
In Midwest cities such as Indianapolis, Detroit, Milwaukee where there can be some really cold winters, is there a concern about the old plumbing system in the home? I've heard of old pipes bursting and causing costl...
Hi BP,
I am looking for an estimate of what an 'average' per month expense will be for RV lots where I the park owner include power and water in the monthly rent? For this example, let's assume the RVs have 2 ACs an...
My husband and I close on our first STR in a mid-August. I am curious to hear feedback on pros and cons of having a hot tub as an amenity? We live in an area where it is nice weather for 8-9 months out of the year b...
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
Hey Guys,Does anyone have an email template that they can share, to send out to tenants going over preparing their home for colder temps. Specifically dripping faucets, wrapping outside spickets, checking smoke detect...