Brook W.
Using Energy Efficiency as a Strategy
Hi Folks. I am interested in hearing from anyone who has successfully insulated and installed energy-saving or high-efficiency products. I am interested in hearing if you've frontloaded the cost and really benefitt...
Bryan Pham
Questions with buying homes on Auction.com
Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...
Account Closed
Utility company won't turn on gas. Heating alternatives for the winter? (New York)
I bought a short sale rental house in New York a little over a month ago that had to be renovated. The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...
Vonetta Booker
Undisclosed underground oil tank!
…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...
Jennifer Hudgins
Property Managers BS fees
I seem to be spending lots more than I want to on my properties since I starting using a property manager. Anyone else have this problem?
Aaron Thivierge
negotiations on a 4 unit multifamily in Jacksonville, fl
Good morning, BP. After closing last August on my 1st investment property, I have closed on another SFH rental. Both of these properties are doing great. I find myself now in discussion with an older owner of a 4 plex...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Risa Hind
How to utilize my old IRA.
So my husband and I have a combined $25,000 ($11,000 in mine, and about $14,000 in his) in old 401k's that I am looking to possibly use as down payments for rental properties in either a self-directed IRA or something...
Logan Allec
Roofer says there are 8 existing roofs on a 60-year-old property
...and wants to charge extra for each one. Property is in Southern California just outside the LA city limits--generally mild weather conditions. I find it unbelievable that there could be these many roofs on a buil...
Scott Rogers
Furnace Eyesore in Rental
Hello all,
My property management company is having some trouble renting out one of the units in my recently acquired duplex (It doesn't help that it is the dead of winter in Wisconsin, lesson learned). Another of t...