I'll cut right to the chase. I'm just getting started and don't have much to get into a property. That said my price point is low compared to home prices around me. In my area there is a property for sale that has had...

Hi All- I purchased a property from a Trustee foreclosure sale. The risk of loss (fire, accident etc) passes on to the purchaser from the purchase date. It took me a few days to get in touch with the occupant who was ...

A tenant called and stated the basement looks like there has been an explosion down there. He said he went down into the basement and turned off the water after seeing hot water had been coming out of the overflow va...

Hi, BP.  We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area.  Would appreciate input on that.  That was new to us.   Than...

Our handyman sent someone in his place. The sub didn't shut off the water main & broke a pipe.  Water went everywhere, damaging our unit and the unit below. The owner of the unit below is already talking about mol...

Hello BP Community,
Happy New Year to all! We are set to close on a condo tomorrow and already wired all the money to Title Company. We went to the unit yesterday to measure a few things and found a leak which appears...

We have a rental property in the Inland Empire in So Cal and the tenant living there was getting very high water bills for the past few months. When they called the utility company last week, they were told there c...

I recently bought a condo. Before purchasing I was shown that the bathroom floor had a soft spot in it. The current owner would not allow any invasive investigation (such as flooring being pulled up or insulation in...

We had several days of single-degree temperatures here in Connecticut this past week, and a squatter broke into the basement of an 8-unit apartment building that we manage.  The squatter(s) found a point of obscured v...

After 2 weeks of dealing with several different forms of water damage (leaking water heaters, refrigerator lines cracking, toilet tank seal cracking, etc), I'm going on the offensive.  I started researching leak detec...