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Hi BP community,We recently had a sewer inspection on a property that we are under contact near Denver. The sewer inspector found two issues:1. Small offset at 60 feet.2. Large offset at 22 to 24 feet. They do recomme...
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How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
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Hello BP, I am considering purchasing a property with two, two bedroom apartments and two mobile home pads. The property is in rough shape with tenants having trash and junk cars strewn about. When we looked at the ap...
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I have a new tenant that works for a construction company. He seems pretty laid back and easy going. Has mentioned a few times about him taking care of this and that. For example, he volunteered to hang a spice rac...
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Hello, I am needing some guidance on the best strategy for us. We live in San Diego and will be coming up on the 2 year mark of purchasing our primary residence this February. Purchase price was 630k, currently worth ...
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Hey Biggerpockets community,
I am in the middle of purchasing a duplex. This will be second property ( I have a 3 family). I have about 5 months worth of reserves after the new purchase. I feel as if I am still in ...
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Let's assume I have both homeowner's insurance on a SFH rental as well as personal umbrella insurance. The SFH is owned in my name, not via LLC. Let's assume my umbrella policy covers me up to $10MM in liability, just...
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Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...
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Hi BP members, I have a tenant that has called me to report what he believes to be a mold issue that is causing him to be sick. Now I have checked the plumbing and found no issues and I normally am pretty dil...
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Hey Everyone!This is my first rental property (a triplex), which is in the state of PA. Before I send my attorney to create, I'm asking as many of you Real Estate Investor Veterans as possible to please read it over a...