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Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...
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I'm in escrow to purchase a 6 unit apartment building in Ohio and I noticed the sewer and water costs were 73% of the total monthly expenses. Is there a way to lower those utility bills? Perhaps I could pay to have a ...
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Hey fellow MA investors,
Has anyone submetered their water? I bought a 3 family that has a washer and dryers in each unit. Its great in the fact that renters love it but the water usage is literally 3 times ...
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Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...
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In one of my properties there is about 2 to 3 square feet of of mold on the base boards and the drywall just above the baseboards behind the vanity, under the sink's plumbing.
The visible parts of the plumbing are no...
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Hello, I am a new investor in the Minneapolis area, and I am starting to look at properties-- I'm finding most if not all of the multi unit properties I'm going to see are 100+ years old... wow! While they have underg...
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One of my 1 bed 1 bath that I just changed from an old 20 gallon water heater the previous owner installed to a new 30 gallon low boy. Its in the closet so there isn't much room for more.Prior to the water heater cha...
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Need advice. My tenant was complaining of water pressure in the 2nd floor bathroom. The water pressure in the cold water side is weak, it flows but it was not a full stream at the tub spout. Hot water is fine it h...
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I remember it was last January of 2018. I got the call… My handyman calls to let me know that one of our vacant properties that we were rehabbing at the time had the pipes burst. I was both frightened yet calm. I knew...
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The 1st floor toilet on my rental flooded the other night. Most of the first floor currently has laminate. My tenants mopped up the water as soon as they realized but some time had gone by before they had even realize...