Peter W.
Would you replace a furnace before it breaks?
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
Robert Bolejszo
What are the typical services that a property manager provides in its fee?
It is a bit unclear to me what property managers provide in its fee - does anyone have experience in this area and can share?some specific questions that I have what happens if someone is needed to be evicted? I under...
Justin Cabral
How to do you do your due diligence?
Newbie here trying not to overextend myself. So lets say I have my eyes on a property. How do you go about determining your monthly nut (as far as taxes, insurance, and maintenance)?And once you have that figure, how ...
Keineth Lawrence R. Perez
Question on Virginia, Richmond Area about Duplexes - Quads.
Good day! Currently have a home in a decent location that I purchased last year with a VA loan around June 2022. To whoever is reading and has some knowledge on the matter, I am currently trying to look for a decent d...
Wendell De Guzman
If you have CASH and you're a NEWBIE Investor...Do This First
If you have CASH and you're a NEWBIE real estate investor, don't tell everyone you have so much cash to invest. You need to LEARN the fundamentals of good investing first.Here are some of these fundamentals. These are...
Laurence V.
Lease Violation - Is 30 day notice required?
I've been a landlord for about 7 years, but I have what might become my first eviction case. Unsurprisingly, the middle of a pandemic is not an ideal time to deal with this. I have a triplex and two units have been co...
Lauren Do
Why would a seller expect over the valuation as a minimum?
Hi! I am looking for my new primary residence rather than an investment property, although I do have another investment property which was bought without the wealth of knowledge on BP. I am in an ultra-HCOL country. I...
Cleo Bucceri
Cleveland, Ohio- water/sewer
single family home, so only one water meter, in Cleveland Ohio, new at renting- was planning on having tenant pay all utilities including water/sewer- if I keep the water/sewer in LL name- can I have the tenants still...
Danny Maller
What makes Chicago laws more tenant friendly than other cities?
Everyone says that Chicago has laws that greatly favor the tenant over the landlord. I'm not getting good comparative search results so maybe someone with more Google-fu could provide some better search queries. I'm c...
Michael Cohen
Live in flip done in Burlington Vermont. Next please...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $75,000
This was a live in flip duplex. We moved into the upstairs 1 bedroom apartme...