Matthew Shay
What are your rules of thumb for expenses?
Interested to hear what rules of thumb do you use for multifamily. Right now trying to figure out payroll for a 47 unit. Also, do your rules of thumb change when you scale from 50-10-150-200 units?
Marty Gold
What expenses should I factor in for a rental purchase?
I want to make an excel spreadsheet to help me compare properties. I know BP offers a calculator but I like using excel. So far I'm factoring in:Purchase price, mortgage, closing costs, rehab, taxes. Also utilities ...
Phil Le
Home buying contract with incorrect and misrepresentation in the disclosure
I’m in a home sale contract in Houston Texas as the buyer.
After the option period was over I found that the home was damaged by water (freezing water - burst pipes) in the winter storm in Feb 2021. I found this info...
Susan Gillespie
What's the discount for bad service?
We had a big hail storm last year. As a result, I have an insurance claim for a new roof and siding on my home.
My contractor has been nothing but trouble. For example, the crew tore off siding before new mat...
Holden Latimer
Swamp Cooler Start-Up/Tune-Up
Its time to start up the swamp coolers for the 4-plex I acquired last November. We had a couple breaks in the copper line during the winter that we need to fix. I was thinking of using a product like FiberFix, but fig...
Gino Gynero
Flipping in the Winter
Hi, just have a quick question to any investors or agents etc. How is business during the winter time in the cold regions? Im in Chicago, just want to know have anyone been successful during the cold season.
Jason Fraser
Rehabbing during the winter months.
*** I posted this in the wrong forum originally***
For those of you that do rehabs, do you acquire and rehab projects during the winter months, specifically November, December, of January?
Outside of we...
Mindy Jensen
What is a reasonable amount of time to wait for tenant contact?
I read a post earlier about a landlord who had a formerly good tenant go bad. They had no contact for an extended period of time, and then when they went to the property, found it abandoned.What do you consider to be ...
James Wise
New York rent regulation laws set to expire on Monday.
ALBANY — With the city’s rent regulation laws set to expire on Monday and no renewal deal in place, Gov. Cuomo is warning landlords not to take advantage of the situation.“Landlords of rent stabilized units who try to...
Michael Chang
SFH in North East with oil based heating system
Hello BP community,
We are looking to purchase (offer accepted) a house in Bucks County Pennsylvania that has oil heating system and has the oil tank buried underground.
Is it true that if you want to sell your h...