I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
Up until yesterday I've always thought it was ideal to split as many utilities as possible, always. My thought was this, if a faucet is dripping (or worse) I want them to think "I'm paying for that water" and either ...
Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...
I am considering renting a 500 sq ft in a small office building (1 story, 7000 sq ft) to a call center company.The rest of the building is occupied by real estate brokers, mortgage brokers and insurance agents.I am co...
Hey Guys,I found 9 acres of Vacant land I want to purchase. I have contacted zoning and planning to see if I can do with the land what I want (good there). What other due diligence items should I look into before I pu...
I bought a nasty little duplex this week with a ton of potential, and a ton of mold in the basement. The property has been flooded and not properly dealt with. At this point, the power has been off for over a year and...
Hey BP!So have a slight issue at one of my rental properties and want to see if I have any options here.A few months ago, I had a plumbing company come and install my kitchen sink, pretty much at the time of move in. ...
Found a great property that was in great condition. The only issue was that the furnace was old but functional. I had an inspector look at the house and he did not find any major issues.I closed on the property and li...
I’m in a home sale contract in Houston Texas as the buyer.
After the option period was over I found that the home was damaged by water (freezing water - burst pipes) in the winter storm in Feb 2021. I found this info...
Hey BP, I was wondering what I can use a security deposit for, in terms of repairs. I currently have a house that is going to need ALL of the rooms repainted upon move out. The question is, can i use the security depo...