Hi All, hoping I can get some ideas from folks who have been in the real estate industry for a while as I am officially at a loss here... I own a small studio in a 12 floor condo building. Building was built around 19...
Hi All -I am gut renovating a 2300 sq 2 family house into a 4 unit 4100 sq ft multi-family building. I have the ability to start from scratch? Assuming 3 units are about 1000 square feet and the fourth is 700 squar...
Dear Esteemed BP Community,I have recently purchased several buildings in Massachusetts that are very poorly insulated and use electric baseboard heat. I am working with a program called Mass Save to improve the insu...
As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...
This has been asked before, but I want to ask the question with a bit of a spin. 1-What is your favorite improvement you like to make to your properties to increase rent you can collect? (Made up example: I like to in...
HI BP. I do a lot of rehabs for Buy n Holds. My next one will be a long term hold as a rental due to various reasons. I could get crazy with this one such as: switch from oil to gas, new HVAC and add central air, win...
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
Our tenants are required by their lease to change out the air filters for the Hvac on a regular basis. They did not do so causing poor circulation which caused an ice build up on the less than two year old air handler...
After years of regular real estate development where I needed to travel by plane. As a result, I discovered that many aircraft owners like me were experiencing a shortage of hangars. Naturally, owners didn’t want thei...
Hello, I own a duplex and I currently live in one side and rent out the other, although I intend to move before the end of this year when I will rent out both sides for LTRs. The air conditioner and heating system on...