Daniela Bachvarova
Weird bank conditon
Hello everyone,I am in the process of buying a multi-family in Fort Lauderdale, FL. It will be my first property in the USA. I decided to go with TD Bank for financing. Among all the regular requirements for documenta...
Julia Amelyan
Sewer Backup Insurance
Has anyone found any type of sewer backup insurance coverage for rental properties? I live Wisconsin and my insurance does not provide this type of coverage. There have been properties that have had issues with their ...
Carol Frome
Tenant stealing electricity
Hello, Im trying to sort out how best to handle this. My former property manager was overbilling me like crazy and never gave me receipts for materials. He is retired now. Last spring I instructed him to rent a vacant...
Susan Morgan
Renovations Help!!
Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
Heidi Kenefick
Odd situation- water leak casued damage to neighboring unit
A unit I own out of state, which is vacant at the moment, had a leak. I wasn’t initially able to reach the PM, but eventually did and they went out and dried up the water. There was no damage to my unit so I did not f...
Xi Chen
Abandoned Septic System
Hi BP family. I am doing due diligence on a 6-unit property. According to the seller, a septic system was installed on the property a few years back, but soon after that the property was switched to public sewer. The ...
Mitchell Jaworski
Mold Remediation on HOA Condo
Hey fellow BPers. I have a friend who recently inherited a condo in Broward County FL. Issue is there was a roof leak and it caused some water damage inside the unit and now mold. The unit is on the top floor of...
Brian Haugh
Chicago Contractor needed for high rise unit
Hi, does anyone know of a contractor that is insured and licensed for some basic work for a unit in River North? I need a non-load bearing wall removed from the kitchen, add an island in its place, as well as some ot...
Chan K.
Plumber fixed pipe leak But found non-compliance code
HelloHappy New Year everyone....I just want to discuss some findings that came up recently when fixing my pipe leak.So last week, I have a pipe leak in my basement at one of my properties. I called the local plumber. ...
Michael Leeson
Paying tenant to do maintenance?
Does anyone pay a tenant to handle small maintenance issues? What is an arrangement that works well?