Chris G.
Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors. Our office signed the contract and they got the permit and replaced the drain field. Abou...
Tiffany Kohrummel
Landlord or Tenant liability
My property has exposed power lines. My tenant hit a power cord with a weed eater doing yard work the other day. They (tenants) called PGE to come out and look at the power line and when they fixed the issue with the ...
Bao Vu
Question regarding Tax on a Flip
Hello everyone, I have a question regarding taxes on a flip as I am prepping the books. My partners and I purchased a property late 2023 and finished the renovation and sold the property in March of 2024. After all ex...
Sandy Uhlmann
Is dealer status avoided if real estate activity is done using a self directed IRA?
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Kevin Smoter
Chicago Multi Units - northside (first time buyer FHA)
Hello, I currently already have an agent that I am working closely with, so I am not really in the market for one. I have a question about a buildings age in Chicago. Should I be concerned about buying a solid brick b...
Austin Sanders
What to do when the electricity bill is much higher than usual
2 of the tenants in a 4plex I manage have been complaining that their electricity bills are almost double their normal amount. They both say that they have not been using more energy than normal but the bill for a uni...
Brian Karlow
10 Unit Apartment Insurance Needs and Advice
Hello BPI am under contract on a 10 unit apartment building in Illinois and would like some feedback from other operators of similar sized buildings as to their insurance coverage criteria and annual costs for such co...
Eric Benzenhoefer
Need an Example of a 1 line drawing - Electrical
Howdy BP,
I need an example of an electrical one line drawing for our commercial building permit (11-plex). If you have one that has passed through a city (preferably Pasadena TX), I would like to look at it...
Arnie Guida
Any Electricians Here?
My new apartment building has a Paragon mechanical timer for the hallway lights. The guts were ripped out, so I found a new one and installed it. The conduit to the timer has 4 wires coming out of it. 2 whites, a b...
Account Closed
Bird dog or wholesale
are people actually still makin money off of bird doggin or was that a phase before in the real estate business? Just wanna know if it'll be profitable start up or should I jus take on the wholesale business in today'...