Sal DeMarco
Cap Rate for mobile home parks
is 13.7 a good cap rate for a mobile home park for purchase price $399,000. gross income is 98,496 a year, NOI is 54,621. 14 units, new well and drain field.
Josh Bertolet
Unoccupied SFH
I'm house sitting for a friend for an extended period of time(year+) but not occupying the property. Any suggestions on weekly monthly yearly stuff to do while he is away? i.e. run water in the drains, flush the toile...
Naoko Potts
Clogged kitchen sink
My tenant texted me to let me know that he is experiencing kitchen sink being clogged.I’m not familiar with the pluming work but I would like to give a try. He lives there 6 months and he told Drano didn’t work.Did yo...
Andrew Jones
How to prevent Water Damage Under the Sink
I while ago I read a post on BP about someone putting slanted drip pans under the sink so that if there is a leak water flows on the floor it is reported by a renter rather than pool and cause water damage especially ...
Christopher Kolasa
Combo washer/dryer leaking on 2nd floor of a 150 year old duplex
Old 150 year old duplex in Connecticut, bought a LG washer/dryer combo unit for the 2nd floor bathroom, I know, sounds like a bad idea. Had water hookups but no exhaust so wanted to include this washer/dryer for the r...
Mark C.
Air conditioners vs alternatives
I am about to buy my first property. The current owners have ac window units. As an owner is it better to a) install mini splits or b) make renter supply their own air conditioner. Or c) something I have not thoug...
Amby Bhagtani
Septic Tank - Need thoughts on purchasing a property with 2 septic tanks
I am looking to purchase a property which has 2 septic tanks. Can anyone here share their experience with purchasing a property with septic tanks? I will buy and hold for 5 plus years but I am concerned about resale. ...
Joe Mazur
Dealing with water drainage
After YEARS of looking for a "deal" we finally took the plunge and bought a SF house off of Roofstock, which comes with tenants and its own set of other problems. One of them being no chance to step inside or really ...
Guevara M.
A/C Leaking.......
First off, I am not a expeirenced land lord at all. I have had my rental for 5 years but have never really had a serious problem with it. It's a 1 bedroom, 1 bath condo on the 2nd floor.
Yesterday afternoon my tena...
Brett Allen
Tenant late rent with a mess
Hi, my tenant is 1 month late with rent. He always was in time, but switched jobs, and told me he was going to be late, and pay late fee and eveything on the 15th. So the 14th i got a call from another tenant, (its a ...