Jon Dang
Replace Water Heater DIY?
I recently bought a quadplex and my insurance company requires me to replace all 4 water heater (15 yr+ require replacement, standard in my area). I found some 40 gallon at home depot for about $350 each. I got quote ...
Ken A.
Help! Drainfield Failing - Any ideas? Thanks
We have a drain field on 60 year old home that is "failing". Everyone's solution is "get a new one" - wow..genius. Anyway, any other ideas? House for 60 years didn't have a drain field problem. In advance, ANY ide...
Joshua Sclafani
Bernie Sanders announces bill to close REI Tax "loopholes"
Sanders Announces Bill to Close Tax Loopholes Used by TrumpTuesday, October 4, 2016 WASHINGTON, Oct. 4 – Sen. Bernie Sanders (I-Vt.) announced Tuesday he would introduce legislation in the next session of Congress to...
Frank Cannata
MN - Looking at 4 plex, current owner does month to month only
I went and looked at a 4plex this weekend, the owner happened to be there doing some work on the property so we got to talking with him which was awesome, he has owned and managed the place himself for 13 years. One t...
Jordan L.
Only Offering Two Year Leases
Hi BP!
I’m considering switching my 3 SFR rentals over to strictly 2 year leases as turnover costs are cutting dramatically into my returns. So far I’ve yet to have any tenant stay longer than one year. All 3 pro...
Phillip Rosin
Water heater in master closet (Leave it or move it?)
I recently acquired two duplexes and will be doing a live in reno on one of the units. It's a total gut job and I'm trying to plan everything out. One thing I personally dislike is that the master closet, which is you...
Mitch Freed
M&T Bank
I've got an interesting short sale going with M&T Bank. I'm wondering if anybody has had any experience with them?
The loan was a construction loan and the amt is 460K. The borrower hasnt made a payment since M...
James Hunt
HUD Budget Cuts & Impact on Section 8
So I'm hearing major cuts across HUD, but housing will be wrapped in an infrastructure bill. I also have read the city of Houston has revoked 900 vouchers from applicants who are not currently in housing. Thoughts?
Account Closed
Failure to disclose lead based paint (Texas)
The seller signed the resale contract 10/30/2017 and I deposited the earnest money 10/30/2017 so everything is currently in motion. The issue I have is that the broker has sent a lead-based paint hazard document (10/3...
Joel Davenport
Tenant with no furniture
I had a house that caught fire last night. Hopefully just minor damage to the fire place and roof damage. However, the real question is, do you ever have tenants with little to no furniture? One of the firefighters sa...