Nate Baumann
Old House Disclosure Statement
Hi, my name is Nate and I am new to BP and new to rental real estate. I flipped a few homes and have decided to try a longer term approach. I am close to closing on my first deal involving 3 multi-family homes that we...
Pete Z.
Investing in condominiums
Hi,Just wondering if there is anyone out there that invests primarily in condominiums as a long term buy and hold strategy. I currently have 54 and it has worked out fairly well over the past 17 years. I would like ...
Bienes Raices
Toilet --- lazy flush
The tenants are concerned that the toilet does not have a powerful flush.
The water goes up to about a half inch below the fill line on the overflow tube. I...
Scott B.
Motivated seller property with numbers
Hi, so I came across a property today through a motivated seller. The property still has a 130K mortgage and is appraised at 160K. ARV estimated to be 200KThe cost for PITI is 1,300 per month.It has not been updated i...
Tyler Smiarowski
Sump Pump backed up...former tenant now wants to sue me for damages?
So last month we got 3 inches of rain in a short period of time. The sump pump backed up and could not keep up. Water got into both the lower units as well as the hallway. It was April 13th which was a Sunday..I wa...
Yeury Galva
Looking for counter top recommendation for a rental
Hello Everyone,
I am looking for a second opinion as I am going through my first rehab. I have turned-over a unit and updated everything. I was wondering what kind of countertop does investors recommend? This is a ...
Erica W.
Clogged drain
I have a new tenant who has been a bit of a pest so far. She texted me to tell me the tub is draining slowly and they have tried to plunge it but couldn't fix it and she would like a plumber to be called.
We have a ...
Simone Boe
Inspection Report. New Buyer-Do we walk away or counter?
Admitting that I am very new to real estate and am on a steep learning curve. We're the buyers and are looking at our first investment property (rental). Our offer was accepted by the seller--it's contingent on inspec...
Marty Sheehan
Seller claiming "not enough money to close"
I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...
Nathan Clark
First flip, HORROR STORY!
Been wanting to write this for a while, but got distracted with my buy and hold houses. I've learned so much from Bigger pockets that I wanted to share my Rookie mistakes and hopefully help others.Overview- Bought thi...