I am under contract for a newly renovated house . Contract says city water but seller and I just discovered yesterday its well water.Closing is in 2 weeks.I need your opinion. Will it be difficult renting out a house ...
My nightmare began when a recent tenant failed to notify me of water damage. I discovered wet moldy carpet in the basement. Subsequent scoping of the main line (and multitudinous other testing) revealed 17 feet of...
I'm in the middle of a house flip and I need your help BP!I bought a house with galvanized pipes and I'm in the process of getting plumbing quotes. They are all telling me that I need a re-pipe from the city supply to...
I got a notice last month that I have to replace a water heater in my unit. Well this unit took me about a month to get ahold of the tenant and evict the tenant for nonpayment. I replaced the water heater last Saturda...
I purchased the PA Landlord form from BP as we are getting ready to rent our first duplex. In it is a section on Indemnification insurance, 20.B for those of you that have it. I read this section as the tenant needs r...
How can I find private money lenders or other options to finance a first time house rehab and flip? Need ideas for how to structure the loans and closing deals to allow financing for this property. See my story below:...
They have a deal on salt water hot tub.
According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. (Just need to clean filter every mont...
Why do landlord like to pay water bill instead of letting tenants pay?If you have 20 units or 20 SFH you have 20 different due dates to remember, 20 times pulling out your credit card every single month. How do people...
Hey Everyone, I'm looking to invest in a property in Detroit MI, however, I understand that new owners have to pay the owed water bill in order to clear a property, and start moving in tenants. Does anyone know if the...
Hi BP, I've got a duplex (and a condo) currently, and am looking to make the jump into 5+ units, but it seems lenders want 100% net worth on these loans. Anyone know of a lender who doesn't have that req? I am looking...