Christine Swaidan
Proactive or just wasting money?
I have an 11 year old water heater servicing 20 units. No problems just would rather not have it go out on a Friday night. Do you do scheduled change outs or just wait until it dies?
Jacob Benninger
Amount of Money/Reserves
Hey Gang,I am looking through some numbers this afternoon and seeing what properties I could possibly afford. The average price of apartments, based on a quick scan of zillow, in Albany, ranged between 150,000-200,000...
Frank Z
How Low Until It's Insulting?
Long story short, I'm looking into my first foreclosure purchase to rehab and flip. This is all hypothetical because I don't even know if I'll be making an offer yet.
Potential property is listed with an agent I'm f...
Mark Forest
Costs to rent received ratio?
I am going to have to review the book What every REI needs to know about cash flow, but for now I would like to know what ratio you all use to determine costs verses potential rent received. As you work on a house an...
Brian Huber
Putting only an option on a property? Pros and Cons?
Hi, I've come across a few properties where there MIGHT be some potential. I didn't want to put it under contract because I wasn't sure if it was a viable deal until I spoke to an inspector and/or realtor to help me ...
Richard Morency
Landlord not responding
hey guys i currently like in a rental property with a landlord, and there has been 2 damages to the property. One being the window curtain shade and the other being the toilet seat handle, its been almost a month...
Kyle Fitzpatrick
Keep septic or go on city sewer on rental property
I am currently under contract for tow studio houses and a two car garage for 42k. both rent out for 600 a month with the garage at an extra 100. Each house has its own septic tank and one has an aerator. I have no clu...
Michael Maloney Jr.
Duplex with one address and one meter.
Hello there BP,
I'm in the process of analyzing a duplex deal. I've done the numbers and used the BP calculators,(which are amazing btw). Here is the gist of it, at the purchase price of 90,000$ with a 10% down payme...
Andy Krzanowsky
My first Rental- How am I doing? Looking to expand in 1 year.
Cliff's Notes Below!We started our first rental this year... we turned our former primary residence into a rental and I had the help of a family member to do all of the paperwork. My help had over 20 years of prope...
Cristian Vences
Trying to buy the duplex Nextdoor to me!
Hey BP community!Today I had to call the cops on some teenagers who were presumably skipping school and breaking into the vacant duplex next door. Quick reminder. I am house hacking a duplex at the moment and I moved ...