Stephen Sloane
Water Leak, big bills...
Hi everyone, I have a five-unit building; there appears to be a water leak somewhere (the water bill is over $300 where it's usually around $90). Apart from broken toilet flaps/faucets, I'm assuming it's somewhere in ...
Aaron Desimone
Stream in a basement/wet/mold
Good evening Biggerpockets!I am reaching out for some help/advice. I purchased a foreclosed SFH to rehab and use as a rental. There was standing water in the basement; I removed it, and to my surprise found that it ...
Michael Tempel
Ways to Reduce Electric, Water and Gas Usage on a Property - Multifamily
I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
Long Khang
Buy and Hold Multi Apartment Deal Analysis
What do you think about this deal???what is this properties value 1.5M???The properties is class C and neighborhood class BTotal building square footage: 48,513 sq ft, built in 1947 Listing Price $1,800,58...
Tushar Shah
Recommendations on expenses estimates
Hello BP!!I am analyzing a three unit multifamily near the new west side/University Village area. I wanted to get opinion on what estimates do we need to make the following:1) Vacancy - I was thinking of estimating 5....
Rahel Ketema
Water Heater. advice on tankless water heater, gas vs electric ?
Hi BP experts,
I have Water Heater tack 2 sharing between 3 units. One of the water heater tank almost at end of its life. I would really like to change with Tankless. as tankless will give me lots of extra function...
Jared Lundy
Need advice on whether to purchase a 5 plex
I am looking at buying a 5 plex in a very small town. It is about 15 min in between two other towns that have a population of 4000 and 8000. They are asking 100000 for it and it gross rents equal about 2250 a month. T...
Andy Kaye
How to lock the sink drain plug so that it cannot overflow?
I bought a cheapo bathroom sink from Home Depot, and noticed that the sink lacks an overflow drain. So if someone depresses the drain plug, water can fill up and flood the bathroom.Is there a way to lock the drain plu...
Ben Leybovich
Flooded Basement - Welcome to the Life of a PIG - DON'T BUY PIGS in OHIO
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
Mark Malevskis
Removing shower tubs and installing walk in showers
Hello, I have a question if anyone's done this or if it makes financial sense. I have a six flat in Dupage County Addison, where water is ridiculously expensive. Its about $100 per unit for month. What do you guys thi...