Hey BP! I bought a house at a foreclosure auction at the court house steps last year. I thought it was a great BRRRR deal since I bought for 50K and it has a ARV of 205K, however I wasn't expecting the inside to be as...
I am in escrow on a commercial/industrial complex with 3 fully rented warehouse buildings and a dirt lot in the back corner. Currently the tenants are storing construction equipment and personal RVs in the lot for fr...
General Question:Several of my rentals have boilers across the spectrum of quality and age. My oldest boiler is in a 5 BR 2 BA house. It's been producing a LOT of carbon monoxide, so much that I feel like it's a haz...
Hi Everyone! I have two (built in 2020) townhomes in the same complex. They are both end units adjacent from each other. For the past two years my pipes have froze. Once in year one of ownership for about 48 hours for...
Im looking at an older property to buy in my area. The unit uses oil heat which I am not thrilled about but its not a deal killer for me. But no central air means I need some sort of AC in the house during the summ...
One of my homes has had the sewer trap clog 3 times in the past year, with sewage backing up into the basement from the washer drain pipe. I would like to figure out how to do some prevention. Any ideas? I have though...
So here's my very first horror story of landlording if you'd like to call it that.
Tenant says she never goes into the basement because she doesn't have anything down there and thus has no reason to go. Two w...
Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
I've heard a few tips about excluding certain appliances, putting language in the lease related to maintenance calls, or being really choosey about tenants in the first place. What strategies have you had the most suc...
Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...