I have never had to replace a boiler system. Per a plumbing contractor who was at the rental property to replace a leaking boiler valve, he stated that his fear in replacing the valve is needing to shut the system dow...

Hi There, I'm a newby investor that ventured into my first multifamily that I am working to stabilize. The property is out of state for me (also a first!) located in Cincinnati. The property is a 4 units - 2/bed, 1/ba...

Back in November I needed some electrical work done on a home. I searched online and found a company with great reviews. The electrician came out to fix the problem then said he wanted to do a safety inspection for fr...

I just got quoted 50k to replace the AC system for my 3 family property in central ma. (3 Condensers & two furnaces). Is this a reasonable rate?? Seemed outrageous to me. Anyone know any good AC contractors in the...

We are installing two new windows and a new laundry room door tomorrow. I told my tenant to make sure the area is cleared for them to do their work and that all fragile items have been moved. When doing repairs in a r...

Just so everyone knows, I am not this “sue happy” guy looking to screw someone for all they are worth. I’m simply asking if any one else has ran into this and what they did to solve the problem. Purchased house with f...

3 story - 3 Plex all rented $2100 gross rentscurrently under contract at $120k - electric separate metered but heat is owner furnished at about $3500 a year; Extra garage bays previously thought to allow for $600 extr...

this is a continuation of my previous thread about the deal i am working on. want your opinions, please.

details:

asking price - 80k
accepted - 63k
75% LTV
cash to the table - ~$18k
rent(good condition) - 1,150-1,25...

To preface, i wholeheartedly believe in having cash reserves for surprises.  I'm just looking for opinions.  That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...

Hey BPFAM,new investor, so just need guidance. We are eight hours away from our property visiting family for Christmas and got a call that our rental has 3 feet of water in the basement. A ceiling has collapsed and th...