Hello BP,I have an apartment opportunity that I’m carefully considering. This is my very first apartment/commercial property deal and I would greatly appreciate any help with the deal/analysis as I definitely do not w...
What advice can you offer to those who are faced with deciding if they should restore or if they should rebuild flood damaged property? What factors should be considered when evaluating and assessing flood damaged pro...
I have a question about liability. Our tenant is a licensed plumber. Yesterday there was a leak coming from a valve that comes out from the wall under the bathroom sink, so he turned the knob on the valve to tighten i...
Hey BP,I came across this listing on Trulia, and I'm hoping that someone else can check my work.I did my analysis on google sheets here, the result of which is that I expect a healthy cash-flow. Overall, its $46k to ...
What has surprised you the most that you have ended up not liking to do as as a property manager?
When I first started out in real estate I didn't anticipate painting being that big of a deal. After all, it's pret...
One of the houses we're looking at has some strange drywall issues (mold?). Has anyone seen anything like this before? It's in two different locations in the house, both facing the outside wall although there are no a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $513,000
Cash invested: $300,000
Bought a .56 acre property with main house and ADU for STR. Cosmetic updat...
There is a corner of my house that is leaking in some water (see picture)I had a company come take a look and they want to charge ~$2,700 to install a sump pump and about 15 feet of french drain. My question to you is...
I've been buying the 9 year water heaters lately from Home Depot and have been thinking about purchasing the 12 year heaters from now on but is there really that much of a difference between a 6 year and a 12 year oth...
I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter.
is this the norm...