Hi everyone, I'm looking at a 3-unit in New London. During due diligence I've discovered that the water/sewer costs average $180/month for the building. This sounds high to me. The town confirmed that there are usage ...
I am trying to run some numbers on different properties and I don't know if I am running these numbers correctly. For example this particular house costs 59900 and rents for 1000 in Cleveland, which is 1.6% of the pur...
How’s it going community ,I had new tenents just move in June the tenent came looked at the house while we were still getting alot of painting and repairs done ready for move in mid July well the tenent landed up c...
Have owned rental for many years and newer tenant complains of moist smell and imagines mold situation in basement. It has a rather dank smell but no visible moisture or mold. Tenant wants a dehumidifier.
Hi guys, my first ever post! To keep it short, I am under contract for a rental property and after inspection it seems there are some things that need to be replaced soon as some are running beyond its lifeline (e.g. ...
A tenant had a water bill 5X the usual due to a leaky toilet. She alerted me of the problem after the $260 water bill came. How would you handle this? Do you think it is the landlord's responsibility to pay some or al...
Hi BP community,I was inside a house last night. And ran into something I have never seen. In the basement there is a low spot in the concrete floor that has some water in it. My contractor was not sure what could cau...
Im not really sure what else to do about my water situation my bill on Average is about 75$ water and 40$ sewer a month well recently I received a bill for 413$ for one month they came and looked at my meter and said...
BP:I'm about 4 months in to owning my first two SFH's with carryover tenants. Thus far, we have had a great working relationship. I purposely staggered the leases to expire 2 months apart, and I made them shorter so t...
My wife are relatively new to investing, but last year, we dove in. One of our properties is a 4-plex in the Birmingham, AL area. It was built in the late 1970s, is a 2-up 2-down with an unfinished basement. The basem...