Danielle D.
How to finance a Multifamily/mixed use with no NOI (empty)?
All,I'm looking at a rundown mixed use 4 unit upper, retail lower. Tenants currently don't pay rent (because no one enforces it - building owner has died). I'd evict, gut it, renovate and rent. Is my only option ha...
Jeff B.
Inconvience discount for broken refrigerator?
The refrigerator in one of my units quit working last Friday. It is a new refrigerator and is still under warranty. The tennant has been GREAT through this and has moved all of their refrigerated items to a small re...
John Smith
Seller Stuck Buyer w Filthy, Damaged Unit at Close. Small Claims?
Is a seller obligated to turn over a unit that is clean and in good repair at close? Seller took a tenants' security deposit as last month's rent just before close and stuck me, the buyer, with a filthy, damaged unit....
Allan Smith
How do you decide when it's time to sell a rental? What metrics do you use?
I think ROE is the best metric for benchmarking a rental you've had a while. I have a rental in Nashville with a 3% ROE because it's tripled in value in 7 years. That seems really low.So as I look for a replacement pr...
Glenn English
Question about pulling building permit as the homeowner
I purchased a single family home in the suburbs just north of Boston- approximately 1300 sq ft/ 3BR,1BA and I'm in the process of gutting it. I went to get a building permit from the town as the "home owner" and they ...
Justin Przybylski
Having a hard time starting out
I'm having a hard time figuring out where to begin with REI. I've been on this site for weeks now reading and picking up all the jargon I can. I just have not been able to determine any strategy yet. Maybe I ...
Jeff Linder
I need encouragement
I have been with BP for a couple months now. I am a new investor with several years of education under my belt, but in the process of building my team, laying the foundation, preparing for my first deal, etc. I have...
Maxim Khanin
Obligation to test for mold - no evidence?
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
Michael S.
New to forum & commercial investing
I have many questions regarding commercial financing. Here is my scenario:
I currently own 2 propertries, primary and a 2 family investment. The 2 family was purchased cash and I used my credit cards to bring up to d...
Jon T.
Question about Knob & Tube
Hi everyone,
First time posting here but been a lurker for a while. I am looking at purchasing a small apartment building that has knob and tube wiring and needs some rehab - are there any issues with just leaving thi...