For older homes, the height is typically not to code so the existing concrete floor needs to demo'd & then dirt dug up to meet the height. My question is does everything on the floor need to be removed (ie, the fu...
In the last 3 months we've had several prospects send us proof that someone we don't know, contacted them about a property we manage. The scammer either:Claims they work for us and our systems are down forcing them to...
Say you had 2 properties. Property 2 suddenly needed a new roof. How do you know if you've saved enough in cap ex funds to pay for it? I can't imagine each property will have its own separate bank account.
I guess...
One of the tenants in my duplex poured a tray of lasagna down the toilet resulting in sewage backup and $450 worth of remediation. Impossible to determine which unit is responsible and both deny they did this. Do I ta...
For those of you who own significant quantities of units, how do you handle scaling the business? I imagine once you own a significant number of properties it becomes a logistical issue for 1 or 2 people, and will req...
Hi, BP! My name is Courtney. I'm originally from Wisconsin, but I've been living in the DMV area for the past three years. I started getting into real estate by listening to the Money and Real Estate podcasts on my lo...
Hello,I have the opportunity to purchase a one bedroom coop in Dyker Heights, Brooklyn. The purchase price is 250k. I would like to purchase for cash, rent it out and refinance (cash out) in a couple of months. The...
Hi BP community! Hoping someone can offer some ideas on how to resolve this challenge. I have a two story duplex. Those downstairs can hear every single step the upstairs tenant makes. Additionally, those downstairs c...
I am a W2 employee that has owned a single family home rental for over 10 years in the Sacramento area. I consider myself to be a fairly conservative investor and my strategy to date has been to pour the cash flow fr...
Has anyone bought one of these houses? One of the houses I'm looking at has at least five open or expired permits from the '90s for jobs like replacing a chain link fence, reroof, pouring a concrete pad in the backyar...