Richard Cole
Expense Forecasting... Lessons learned from the field
Hello everyone, After some hefty pest control expenses from several building that we manage, we realized that pest control was not a line item we had when running our annual expense projections on a building. However,...
Tyler Merrell
Dilemma and needs advice!!!!!
Here is my situation. I want to start investing and have land and time to do so. I currently am looking at too options. 1) Build a new home that will appraise for about 110-120k with an FHA loan and live in it for a c...
Mei Jiang
Cost of fire escape from 3rd floor unit in New Jersey ?
Hello fellow BPs, Does anyone know what's the cost range of building a fire escape (secondary means of egress) from 3rd floor? NJ department of community affairs issued an inspection violation (green card inspection) ...
Mike Sattem
Possible Illegal apartment in a building
I recently purchased a 6 unit apartment building and have completely gutted and remodeled the entire building with all the proper permits and inspections. Upon final inspection from the city, they stated that, per the...
D Kirk
How to have low inspection cost when inspecting Multifamily?
Hi, i'm looking to purchase multifamily apartments in the next few months ranging from 5-40 units. One of the issues I have come across is the inspection cost for the building. Even if I do find a good deal where the ...
Wai-Lin William Maw
Permits for moving a mobile home from one lot to another lot which had a home before
I am considering moving a mobile home from one lot to another in a mobile home community within the city of Edmonton, AB. The new lot has existing utility infrastructure and have had a mobile home in place before. I...
Nelson Del Castillo
Turning electrical on after fire damage
Hi Bp, I recently bought a 3 family, fire damaged property In New Haven Ct, the fire was contained to 1 wall in the bath room, so the damage is not major. When I went to go turn the power on, the power company said th...
Pavel Sakurets
Please provide ideas how can I move this property. I cancelled PA
Hi everyone. I own a building at 809 Main St, Hopkins MN (right in down town Hopkins, 18 minutes away from Down Town Minneapolis), had a tenant that moved out several weeks ago. While a tenant was there, I had a buyer...
Joshua Hollandsworth
Please Help! Legal Troubles.
I am trying to open a HUD-VASH home. I am trying to rent out a 3br SF by the bedroom. The City of Cleveland has specific regulations for these types of homes. I am in the correct zoning district, I have paid rental re...
Joshua Ferguson
Becoming a home inspector
Hello all,I’m looking into becoming a home inspector as a way to help raise capital for my investments. I live in Ohio and I work two 18 hour shifts a week so I’d have a lot of available days despite working a full ti...