Amber Krueger
Identifying a solution/route for a property in the neighborhood
I am working on a deal with a neighbor on a 2 bed 1 bath in a great neighborhood. The market is competitive, like it is most places. The home assessed for 228k, and he is willing to sell for 210k. Seems like a deal, r...
Ben Nahir
Common wall/roof
I am new to REI but looking to purchase my first investment property. It is a town home on my street, no HOA, relatively new (1999), and decently sized for the neighborhood (bigger than my current residence). I'd...
Ty Brady
Insurance to Close with an Old Roof
Trying to close on a primary residence with a 21 year old roof . Having issues getting insurance. My insurance agent dropped the ball and we are down to the wire without insurance. Looks like the only option is to p...
Lokesh W.
Vetting a Roofer? Suggestions
I am trying to put a new roof at an affordable cost to an apartment building. The roof area may be around 2200 – 2400 sq feet (just a guess, I can confirm later). The cost is a major factor so I am requesting va...
Rodney Burayidi
New and First Acquisition: Duplex Property Indiana
Hello Bigger Pockets! I recently purchased my first investment property which is a cash flowing duplex (built 1920) in Indianapolis, IN. One unit is vacant and the other is occupied by a long term tenant. I financed t...
Ryan Zomorodi
First Long DIstance BRRR! Foundation + Basement Water Issues REO
Hey BP Community-I'm working on my first BRRR - and it's turning out to be quite the challenge.1925 built multifamily property in Cleveland, OH, purchased as an REO (AS-IS, buyer assumes everything, no disclosures, et...
Chris C.
Rubber Roof Coatings-Cold Climate
I have a flat rubber roof on a duplex that I own. The roof is around 10-15 years old and I want to do everything I can to maximize its life. I have looked at a few different coatings such as Blackjack and wondere...
Steve J.
Maintenance Budget Question
Hello BP!I’m a newbie, I purchased a home warranty for my rental, I got the everything plan! Prior to this, I was allocating 10% for capital expenditures every month, and 5% for regular house maintenance. Given that I...
Chad Clanton
Common and Unusual Findings: A Home Inspector's Journal
In inspecting homes here in San Antonio, I've found some really good and some really crazy work. Some days are "wow, that's a really good job", and others are "oh boy...I just saw that, didn't I?" So, I've decided to ...
Account Closed
Setting up monthly rental reserves
We just started bringing some single family homes into our portfolio. We fully renovated each house (roofs, HVAC etc.). What % of the monthly income should we set aside as a reserve against future capital repairs?