Joshua Ferguson
Tenant moving out. HELP
Hello all,While I don’t have a rental of my own yet I’d like to see if you all can help with my friends unit. He has a tenant that has stayed in the unit for 9 years and is moving out. Issue is he only had him sign an...
Toby Johnston
Replacement frequency for Arizona AC unit?
Arizona property owners, how often do you expect to replace the AC unit on your rentals? HVAC company says I have a leaking condenser coil and suction line near case coil. They are telling me it's $5,800 to repair (...
Shellie Johnson
Difficulty finding homeowners insurance to cover roof >25 years
Hello BP Community!My husband and I are currently in negotiations for our second property. We knew that we would have to replace the roof once we acquired the property. However, what we didn't anticipate is not being ...
Ian C.
I need some advice on a 1031 exchange
Need some advice: Doing a 1031 exchange from LAX to PHX. Property will probably get 5.6 million to use for exchange. Want to buy 3 properties with a loan. Any recommendations such as accommodators, things to watch out...
Austin Fox
Lesson Learned: Plumbing Inspection saved me $30,000+
Hello BP,I am in the process of trying to buy a duplex down in South Florida to house hack. Like everywhere else, the market is insane. However, I managed to get a duplex under contract at a decent price with a decent...
Jay S.
4 unit deal in Chicago suburbs
Looking at this 4 unit deal. Numbers are as follows....This is my first deal and am looking for some more experienced guidance.Monthly Gross Rents: $3700Laundry & MISC: $100Annual Scheduled Income: $45,600Vacancy...
Sierra G.
Commercial coin operated washer and dryers for apartment building
Has anyone any experience with LG commercial coin operated washer and dryers for their apartment buildings? Any recommendations??!!We purchased brand new Speed Queen commercial coin operated washer and dryers and hav...
Ivan Plagniuk
Lead paint notice from the City of Milwaukee
Hi everyone, I just received a notice from the city of Milwauke that they found a lead paint at my property. The inspection was done back in August. As far as I know they have to ask a Landlord for a permission to ent...
Belinda R.
HVAC Issues
Back in November I needed some electrical work done on a home. I searched online and found a company with great reviews. The electrician came out to fix the problem then said he wanted to do a safety inspection for fr...
Dominic Balconi
10% Vacancy, 10% Cap Ex, 10% Management, 10% Repairs?
10% vacancy, 10% cap ex, 10% management, 10% repairsOn all of my practice analyses, this is what I choose. Any suggestions or comments?