Jessie Harrison
Consolidating Duplex to one unit or Keep as two units
New to BP and first time post. I have purchased a rental property that includes a 2,000 sqft SFH and a stacked duplex (both units are 860 sqft - top floor is a 2/2 and bottom floor is a 1/1). The bottom floor of the...
Jacob Eikenberry
Knob and tube wiring
Anyone ever replace knob and tube wiring in a rehab? If so, general ballpark of what it costs to replace? I’m in Iowa office that helps with market cost. Thanks!
Nadeim M.
Tenant's Maintenance Obligation - Bathroom Water Damage
Hello, My tenant recently informed me that the painted wall adjacent to the bathtub/shower wall has water damage to it and the paint is bubbling. The damage is caused by water traveling from the top of the bathtub, al...
Dan Forler
Move out Secerty deposit
Hello All,This is my first turn over at my duplex. When I purchased the place one of the existing tenets have been there for 5 years. I carried over there lease and security deposit with the purchase. The question...
Ray Fleener
First purchase - an old house? 1925
First house I toured was built in 1925. It is a Craftsman Bungalow. I personally thought it would need a gut job (quite a bit of work overall). Hypothetically, if a first time home buyer were to purchase a gut job hou...
Cory Binsfield
Don’t Waste a Perfectly Good Crisis
Hey BP investors,
Want to take advantage of an epic opportunity? The 10 year bond is at a record low. Why would you care? Conventional mortgage rates rates tend to track the 10 govie yield. Oh, Wall Street and Main ...
Account Closed
Chicago City Inspections
Does anyone have experience dealing with Chicago city inspectors? I'm doing some repair-and-replace structural renovations (not moving walls or making any additions) on a three-flat on the North Side / Lakeview area a...
Samantha Klein
Better-Vent indoor dryer vent - anyone use?
I purchased a duplex in July and one side has laundry hookups however the dryer has been previously venting under the floor into the crawlspace and obviously I don't want that. The hookups are on an inside wall and th...
Harvey Sandhu
Sinking stem wall in garage
Hello everyone!
I bought a Duplex last year built in 1973 only issue I noticed at that time was cracks in garage floor I asked home inspector if it was a concern they said its common for older houses to have cracks ...
Seray Aksoy
First Property -- Foundation Issues
I am looking to purchase my first investment property! I found a duplex for sale in a growing area; cash only, short sale. It is currently fully rented for $1,250, and the selling price is 45K. The catch is that the...