Dawn Curry
Potential deal - septic system
So my realtor approach me with this off market deal... $15k for 2 houses (same lot), but I was told it needs a new septic system — he said the owner has not gotten the septic pumped in 40 years!!! After hearing this, ...
Marci Stein
tenant complaints about heat cost- can anything be done?
Finally found a tenant who pays her rent on time, but now she wants to move out when lease is up due to heating cost. It's her first winter there and propane heat costs 2 tanks a month ($230 a tank). there is also e...
Brian R.
Looking for a market. NYC / Philly / New Jersey / other??
My name is Brian and I live in New York City. I am having trouble/analysis paralysis on finding a rental market to focus my efforts on. I grow up in Southern NJ/Philadelphia and part of me wants to invest there. NY...
Holly Scott
Crawl Space Vapor Barrier Costs in Colorado
Hi all!I am in kind of a unique situation with my seller, as he is an attorney overseeing a bankruptcy case and multiple homes within the bankruptcy. Anyway, he gave my realtor and I an opportunity to go to the proper...
Magdaleno Garcia
Do I need a second gas meter for my second ADU?
Hello BP family,
I've finally finished my granny flat here in San Diego, Ca. and have a tenant in it at this time.
I'm now planning on adding a couple of bedrooms and a couple of bathrooms to my primary home and a...
Russ R.
Looking for gut rehab mentors
Hello,This is my first project that needed gut renovation, and I am seeking mentors in Hudson county NJ to learn more about renovation and permit processes and ofc network. Currently, gutting the whole house to the st...
Justin R.
Mentoring by letting another investor live-in during rehab???
So we recently closed on a 5 unit property in central San Diego (Linda Vista near USD). It's a chop job by the previous owner(s) with lots of work needed - the rehab's going to be big, and it's going to be an adventu...
Cameron Chambers
BRRR strategy, explain?
I have an idea of the brrrr strategy, but can someone please explain it with detail? I’m looking to fully understand the method.Thank you!
Renee R.
Property Management vs Self Managing in San Diego
Hello, I'm new to the BP discussion forum. We own over 100 units in San Diego and have always self-managed. Our handyman team of 2 are moving out of state after working with us for almost 18 years to start/continue t...
Connor Bell
CapEx Reserve - Rental Properties
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?