Hutoxi Maneckshaw
REO property been vacant for 8 yrs, no inspections allowed
We are thinking about buying an REO property through Hubzu which has been vacant since 8 years. It is a townhouse which was built in 1993. The bank told us that no inspections are allowed and we cannot go inside the p...
Tom Hoyt
Maximum Occupancy of a 1/1 Condo
We are new Landlords and have a 1/1 upstairs Condo and our Lease Agreement states any additional people living there in besides the named Tenants will result in $150 additional rent. We have a few questions for you mo...
Account Closed
Simsbury, CT Small Duplex Deal Analysis
Hello BP,Im closing on a small 1240 sqft duplex soon. The home is a town house style Brick one level 2 family. Directly across the street there is the Farmington River and visable from the living rooms. The home is co...
Daniel Jones
Renters broken dryer
Hello BP,I need advice.. Received an email form my property manager explaining that my tenants dryer stopped working and that they called a maintenance company to look at the dryer ventilation and discovered it to be ...
Sherry Shea
Wholesale Deal Opportunity
First post so please be gentile. I have a neighbor who has a home that needs a total rehab. Mother passed away & she is executor of the estate. Floors, paint, kitchen, bathrooms, some exterior work, roof, etc. Est...
Remi Nguyen
All in rehab or pursuing next deal with 80k?
I'm weighing several options on whether to go all in the rehab. Would love to pick your brain on my plan:Location: Silver Spring MD, single house, > 2200 sqt
- The house can be set up to rent out the front half (1...
Matthew Tenney
Solar on 21-Unit Multi Family
Recently purchased a 20-unit apartment building. All units are individually metered, plus a common area meter paid by the owner. It is in a small rural town (qualifies as a rural community under USDA) definitions in W...
Daniel H.
ACV vs. Repair Cost
In the city where my property is located, there are many three-story apartment buildings with a unit on each floor. These are no longer allowed to be built new in the city. So replacement cost of my two buildings is ...
Zac P.
Metal or Shingle Roof?
My roof on my rental is getting a little iffy.. Looking ahead and know that I will need a new roof soon. I was looking at getting a metal roof compared to a traditional shingled roof. From what I have heard and seen, ...
Bill Schrimpf
50% Rule and Condo HOA
50% Rule and Condo HOA
The 50% rule looks like it’s a rule of thumb for properties where the owner would be responsible for a long list of capital and operating expenses items such as roofs, HVAC, landscaping...