Andrew Whicker
Triplex under contract, full occupancy, want to purchase under FHA (need a tenant removed)
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
Chris Babcock
Tenant Heat Preferences
Have a general question poll for the community: Have you ever had a potential tenant lose interest in your property because of the heat fuel source?I.E. I have a duplex that has an oil boiler on one side, it's a PITA ...
Randall Jacobs
Have you ever have a tenant die?
I just found that the single tenant on the lease died about 4 months ago on my property. Any suggestions on do's and don'ts? Yes it has been verified.We contacted the next of kin stated on the lease. She prepaid for...
Val J.
Tenant used Space Heaters Causing a Problem
Yesterday my tenant texted me to tell me that she didn't want to turn on the central heat so she plugged in a space heater. When she did this tripped the lights. She flipped the breaker and the lights came back on bu...
Phil C.
Gas Shutoff Situation
So heres the problem. I would like to see if anyone else has encountered this before and what you would do.
I have a tenant, section 8 pays rent but does not pay utilities. The gas is in the tenants name but i re...
Nick S.
Electric baseboard/gas furnace question
Hello all, I have a large 5 unit building that is all separate electric baseboard heat. The building consists of 3 units that are 3/1, and then two 1 bedrooms. It's two floors. The left side of the building is two of ...
Alexander M Stanton
Renting by the Room in New Hampshire
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Diem Tran
Help analyze my first MF! Please
Today I looked at a 6 unit property. I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before. I learned that the numbers matter the most. Please give me your...
Raja Gupta
Making a Disney Vacation Rental Work
Hi Everyone,
My wife and I currently own some STR properties in TN and are looking to expand to the Disney area. We have narrowed in on buying in Windsor Hills as we feel like the amenities are a nice bonus for fami...
Timothy Doenges
Solar Shingles - effect on RE Investing?
Hey all,
I was doing some reading on Tesla’s solar shingles (https://www.tesla.com/solarroof), and one of their selling points is that they can cut energy costs by 40-60 percent, and government incentives for solar e...