Alex Hamilton
Replacing a Water Heater
I know people on BP in different markets will have different experiences than someone like me in Baton Rouge, Louisiana. But instead of doing it myself, which I have done many times. This time, I had a local plumbin...
Dan Gheesling
Delinquent water bill from evicted tenants - what do you do?
Hey guys.I've been in the business for about 7+ years - and am looking at trying something new for water bills with my tenants.The best thing is with the City of Detroit. They have a water affidavit that puts the wate...
Ryan G.
At what point do you need an architect in a remodel
Hi all,Here is where I’m at. I am in my 10 day due diligence period and am weighing out all my possible exit strategies and how that effects what i will do to the house. I have a few questions I would love some help o...
Wesley W.
Seasonal disconnect of natural gas service
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
Mark Forest
Utility company responsibility
I had sewer issues in one of my rentals and was told that the utility company responsibility for pipes starts ONLY at the sewer even if the pipes from your house go under the street. Of course the road commission gov...
Jamie Montpellier
3500$ to update a washroom...SERIOUSLY?
Hi guys,I'm looking to update a washroom in one of my rental units. I need :1) New flooring (probably a ceramic tile) with sub flooring2) New vanity and sink3) Mirror and some paintI've called a few places and the qu...
Beth Clerc
New w/interesting one as potential (sort of ) first investment
Hello everyone. I’ve heard lots of good things about this forum and am excited to join. Quick real estate background is that I bought, lived in, fixed up and sold 2 foreclosures. I've completed my RE Salesperson sc...
Charles Schmidt
Does a DSCR loan affect your personal credit and DTI ratio?
I have been shopping around for lenders for a 20% down DSCR loan for a new short term rental property. One of them told me that if I close the loan directly into an LLC (which he confirmed they can do), then it won't ...
Timothy W.
The In&Out Stimulus plan
No Mr. Clinton, we mean something else.
I understand California's having a little budget problem so I'm going to help out by spending a week bringing in some out of state money there. Notably I w...
Tracey Hamilton
Foreclosing on a private wraparound mortgage
Getting ready to do our second "owner carry" deal where we are the sellers. We own the property with an existing HELOC with a balance on it against the property. No other encumbrances. We are selling the property o...