Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...
One of my favorite channels to watch when I am relaxing is HGTV. I was watching House Hunters International and the show Flip or Flop came on. So I found myself watching. I am 90% sure this show is choreographed to...
I've posted before about this problem--now it appears to be back.
My old tenants complained repeatedly that the house was getting too hot. It has a Goodman air handler inside and a heat pump outside. The AC guy came ...
Hi BP members,How would you handle a nice deal with house having potential sewer line issues?We are buying a rental property seems to be a good deal. But its house with age of 75+ years. Our initial sewer line system ...
Hello BP.I'm looking to buy a 12-15 units MF in NorCal. One of them has 100% MTM rents at lower than market price (about 15-20%). The condition of the units are pretty rough. So if I remodel/fix them up, rents can ...
I am wanting to bring on investors for the first time in a multifamily property. Here is what I am thinking:$1,000,000 cost and putting $200,000 down. If I bring on 5 investors to fund the deal, how should I structure...
Let's say you have acquired a rental property and are almost done with renovations. You have a PM for your other rental properties. Do you slide the newly acquired and renovated property to your PM for them to place t...
Hey BP, here's a scenario that poses a number of issues and I'd like to get an opinion on how it might be dealt with. There are several issues arising here, so the problem will require some skill to resolve.
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I'm familiar with a lot of the cities on the Ohio side in Cincinnati and upon a tip I started looking in Bellevue, Covington, and Newport in Kentucky. Covington seems to be a great place to buy and hold with little to...
Hi all,
I signed a new tenant 2 months back and she brought a dog with her. My property is a pet friendly community but I do charge a monthly pet fee and pet deposit. Fast forward two months, she told me that her pet...