Walter Hammond
Multi-family Analysis Questions in Cincinnati
I am looking at a4 family in Bondhill (neighborhood of Cincinnati, OH). The neighborhood is NOT very good. Not dangerous, but not desirable. Both building are owned free and clear. There are close restaurants and ...
Karen F.
Just for your reading pleasure... crazy entitled tenant
Last March, at the beginning of the pandemic, one of our tenants didn't pay, and didn't answer our texts. Finally, she contacted me. Her husband had left her. She had no food. She had no dog food. She had no mone...
Jeremy Pace
Ancient Boiler Issues
General Question:Several of my rentals have boilers across the spectrum of quality and age. My oldest boiler is in a 5 BR 2 BA house. It's been producing a LOT of carbon monoxide, so much that I feel like it's a haz...
Mindy Jensen
What is causing my siding to melt?
We are considering a new house to live-in flip. The brand new siding (installed June/July 2019) is melting above the front door. Located in Colorado, and it's been hot the last few weeks.
There is no window next to t...
Jack Srimani
Serious concern buying a REO
Hi,
I just got approved of a bank loan from a small bank. (Thanks for folks who advised small bank for small loan). Now tomorrow my realtor and I are going to go through the offer contract. After signature the realtor...
Kim Heretick
Labor of Love Flip? Closing in 5 days
I close in 5 days on a 1927 beauty in Toledo, Ohio. REO will cost me $99k and ARV is $195k. 2300 SF, 3/2.5, 2 car attached garage.Previous owner installed PEX plumbing but didn't pull any permits. I'm nervous about...
Victor Lebegue
Minneapolis, St. Paul, MN Utilities
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
Derek Luttrell
Tenant vs. Owner-Paid Utilities
Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...
Elizabeth Calleja
Government has stolen this landlord's property. Check this out!
I can't explain it better than this youtube video. Check it out:
Aaron Carter
Heating duplex without ductwork.
I own a duplex which currently has electric baseboard heat that was installed by the previous owner. It is an older house and electric heat is really high (no off peak as it is the only source). I live in northern ...