Aundrea Newbern
Hurricane IRMA - Recently purchased rental flooded - Need Advice
All,I am in an unusual situation that I haven't experienced before and could use some guidance. I purchased a 4-unit apartment complex in south Georgia less than two weeks ago. I purchased it with an FHA loan and mo...
Adam Trantow
New to BP Nation - Milwaukee Resident
Hello BP Nation!My name is Adam Trantow, I am currently living in Milwaukee Wisconsin. A friend turned me onto the BP podcasts and I already have listened to the first 40 podcasts in about 2 weeks. I Bought my first d...
Kate Barry
Private Loan to Former Landlord
Investment Info:
Small multi-family (2-4 units) private money loan investment.
Purchase price: $300,000
Cash invested: $25,000
4 Unit Multi family and we live in one of the units.
What made...
Brian V.
Fireplace dampers
Hi BPs,
My tenant said there is cold air coming in from the fireplace on and old property. Contractor found that the fireplace damper somehow was removed (bummer). He said it's too costly to reinstall this an...
Mindy Jensen
Looking for an Automatic Emergency Water Shutoff - Does it exist?
Our MHP is located in Maine. Water is submetered, but a tenant in the throes of eviction had a pipe burst, didn't do anything about it and now I'm on the hook for a hefty water bill.Since we're in Maine, freezing pipe...
Jimmy Kiefer
1888-1910 too old for a property?
Several properties I am looking to buy were built around 1900. Should I avoid properties this old? Especially since I will be a buy and hold owner, does the age of these properties create an unnecessary risk? Apprecia...
Bryan S.
Pool Heater Optimization
Hi All!Does anyone have any experience with optimizing a pool heater? Typically in Florida, it stays warm enough the pool heater has been able to do its thing. But since this week has dropped to the low 40’s at night,...
Nathan Gesner
How to deal with smoke-stained walls/ceiling
I just bought an apartment complex. One of the units was occupied for nearly 30 years by a chain smoker. He had a stroke one week after I bought the place and his family is cleaning out the apartment. SIDE NOTE: This ...
Julio Gonzalez
Green Energy Tax Credits for Homeowners
Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...
Jacob Claxton
Lowes/Home Depot Installations
Does anyone have any experience using Lowes or Home Depot for installation services? I'm in need of finding someone to install flooring in a rehab project asap, but majority of the contractors in my area are so busy t...