I have a 1935 house that has the water pipes coming out of a common center wall to the kitchen on one side and bathroom on the other side of the wall. I assume the main water valve is behind the wall on both sides, b...
Hello Experience RE Investors & ProffessionalThis is my first post, Im currently in escrow doing a cash deal. I have a few questions.I went to sign escrow docs about 2 weeks before closing escrow, I was never mai...
We are looking to purchase a 6 unit building in Chicago, which requires a commercial mortgage since it is over 4 units. This is the first time we have made a foray into commercial mortgages, and the fees and costs se...
Hi,looking to rent out a room in my home, and would like to know if I should list the shared common area furniture & appliances in the lease agreement? The rented room itself is not furnished, but other areas of t...
Hello! I am researching how to split my duplex into 2 townhouse condos to sell in Columbus, Ohio. I currently have one water meter for both units. I was wondering about how much it would be to have another meter insta...
Hi All,
To start, I'm a bit older than what I assume is the usual newbie. I do have a few, hopefully minor, obstacles to getting started, and so need some guidance and/or partnering.
My plan is to start with either ...
Hey BP Fam,
Seeking guidance! Purchased two buildings in past 6 months (duplex / 5 unit) Have greatly depleted my working capital. Currently seeking seller financing opportunities mainly through my realtor (incentiv...
I’m interested to hear what your processes are on when buying and then operating a property.
What are things you’ve missed in either your numbers or inspections of properties when purchasing multi-family units? Are ...
Hey everyone, I have a multi-unit in Brooklyn and I (owner/ landlord) pay the water bills. The building is on one water meter so I cannot charge tenants for usage. Does anyone have experience in how to deal with a sol...
I have been doing some new construction stuff in Ohio, and I'm curious to see how our costs compare to others. For those of you who are building new construction homes in the midwest (say 200k-600k sale price) what ar...