Mike Montanye
First Turnkey Rental Inspection Report
We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
Upesh De Silva
Build Vs Buy a Multifamily
Hello Friends,
I'm currently in Carmel Indiana and planning to move to Richmond - VA in the middle of this year. Initially, I'm planning to rent and then buying a property. I'm interested in multi-family homes. But a...
Account Closed
Do I need a license to own and rent an apartment complex?
Hey everyone! I really want to build an apartment complex from the ground up next to a college that doesn't have anywhere for students and young adults to live besides a basement in a old raged home. Before I go to th...
Michael Donatucci
Keys or lock box?
I am hiring sub contractors to work on a job I have with a family friend as a GC mentor. Neither of us will be guaranteed to be there every day, but will be most days. What is the best mode of operation to make sure s...
Niobe Burden Austere
Foundation Issues - Cleveland, OH
Dealing with a foundation issue brought to our attention during the home inspection on a SFR we have under contract in Cleveland. The home inspection reported a faulting retainer wall, basement moisture and foundation...
Kosh Vokter
Tenant issues paying rent
The tenants renewed their rental agreement for 11 more months. before they renewed their lease, they guaranteed paying rents wouldn't be a problem. Per the agreement, rents are due 1st of the month, and are considered...
Rich Gabrio
Negotiating with builder to leave walk out basement unfinished
I am currently looking at new construction SFR
as an investment north of Seattle area, in a development with one
remaining home where framing has just been completed, electrical work to
begin soon. This home is ...
Rich Gabrio
Negotiating with builder to leave walk out basement unfinished
I am currently looking at new construction SFR as an investment north of Seattle area, in a development with one remaining home where framing has just been completed, electrical work to begin soon. This home is the l...
Matthew Terry
Title company paid contractor $12K up front. Contractor left town
Hello BP Mates,I'm hoping for some insight\advice on my situation:I closed on an SFH in April and there was about $12K in repairs that were negotiated. This money went into escrow, but for some reason, the title compa...
Nicholas Sanchez
Water leak in garden unit
Hi everyone,
I am currently looking to purchase a condo which is a garden/basement unit with strong cash flow potential as a rental property. I was going to submit an offer but received a disclosure report stating "...