Mike Dorneman
Purchasing a “winterized” foreclosure
Just went under contact on my 3rd deal. This happens to be a bank owned property with no running water or electrical. I’ve scheduled my inspector to do his normal routine and I’ve also hired a plumber to do a pressure...
Nathan Grubb
What the what? Should this valve be here?
So, I'm examining the plumbing for my bathroom that sits in the joists of the basement, and I notice the valve pictured here.One side is hot, the other is cold. From what I can tell, hot is on full-open and cold is co...
Robert Biggins
Stinky Shower Dilemma
Greetings BP Family, I hope all is well for everyone!
So, with the current home that I reside in, my plan is to transfer it to a rental property since I will be relocating to a different state for work related purpos...
Cole Harter
Yes or no on sprinklers on a rental?
Hello all,
I own a single family home in the Denver area that I'm about to put on the rental market. I currently don't have sprinklers in the front or backyard. Looking for some guidance on if it would be worth th...
Dan Bottiglieri
The Most Dreaded Repairs
What are the most expensive repairs for a rental property? What're the problems you hate to hear from the inspector the most?
Jon L.
Gas Tankless water heater on a 15 unit?
Our 100 Gallon, 199k BTU water heater is getting old and needs to be replaced soon. Cost is about $5-6k. I'm looking at Quick Water Heater in San Diego and for around that price, they can do tankless. Any idea if that...
Kali V.
Single family with Landscape maintenance
I am planning to make an offer for a detached single family home (for investment) with SOD and sprinklers systems installed in all 4 sides of the house. (About 6k SQ.FT of lawn). I confirmed HOA doesn't cover externa...
Socrates Ayvaliotis
Converting 3-Family Shared Heating/Hot water into separate units
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Jacob Elbe
How to resolve moisture in the basement?
Good Morning!I'm wondering what experience some of you have with different solutions for moisture in basements. One of my properties in Euclid, OH received a violation from the city during the inspection last year:"T...
Terry L. Conrad, Sr
Accounting for utility payments
I have been doing due diligence for properties available in my area based on the 50% rule and $100/door cash flow. What I cannot account for is the utilities. Some of the properties have separate utilities that the ...