Robert Fountain
Heat not working - Part will take 3 days to arrive. Advice needed
Yesterday I received a call from my tenant saying the heat wasn't working. I had my HVAC guy over that afternoon and he identified the problem. There are 2 parts that need to be ordered and he informed me they will ...
Frank Faust
Mold everywhere....run or great opportunity?
Hi everyone, I'm looking to buy my 1st rental property around Pittsburgh. I found a potential great deal on a 2br 1 bath house in a great school district for 30k when comps in the area are selling for 60-100k. Probl...
Nathaniel Loeffler
Newbie moving to Las Vegas
Hi all,
My name is Todd, and I'm about to get started in real estate investing. I'm in the military (in Winnipeg, Canada) and moving to the Las Vegas area this summer. It will be nice to warm up a bit! Winters start ...
Judd Campbell
New supply line
The house I bought a few weeks back had Pex run throughout. I do not anticipate any issues with that but the neighbor begged me not to turn the main water supply on as he said it floods his basement. My meter is abou...
Jared Klapman
What’s the average Cap rate for multi families? 2021
Looking for a rental property. Any advice on the area? Thank you in advance.
Caleb Webster
Advice on how not to lose your shirt with owner-paid utilities
For rentals where the landlord pays all utilities, what strategies do you guys use to incentivize lower utility usage from your tenants and reduce your overall utility bill? I've heard of thermostats that you can rest...
Alex Aronson
New Energy Efficiency Ordinance for Rental Property
At my local REIA meeting yesterday, I learned about a City of Memphis, TN proposed ordinance that has me concerned and I want to know if other cities out their have a similar ordinance.
Essentially this ordinance r...
Terence Purcell
Shared hot water heaters
I'm looking for more efficient solutions for shared hot water heaters in a multi-family property. I currently have 3 x 50 gallon tank heaters shared among 6 units - and I pay for water and electricity for the hot wate...
Eric Berkner
Investing in low cap rates, how does it make sense?
In the portland metro area, like most areas now, are low cap rates, near 4.5%. Mathematically it doesn't make sense to invest, however I am comfortable in this market and I know it very well. I'd be nervous dumping se...
Jane Kim
Electricity bill is skyrocketing to $450!
Hi,
I'm not sure if anyone else is going through this in Los Angeles/Moreno Valley so I'm reaching out if this is normal. I have a 2000 sqft home with 5 rooms that's currently being rented out by tenants. Utilities a...