We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose. M...
The duplex I’m house hacking has an uninsulated attic. It would cost me about $800 to do it myself. And the attic studs are non-standard distances apart, so I’m not even sure I could do it properly myself. I’m going t...
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Two of my tenants have a washer/dryer installed in their units.Eventually down the road when I build up capital I would like to put a coin-op in the basement. When this happens how can I have them remove their washer/...
I'm a newbie to the idea of rental properties.
I've chosen an MSA where my 22 year old daughter lives as where I'd like to start buying rental properties. The vacancy rate is low and rents are moving up but there is...
Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...
I had heard about tenants like this, but these are the first ones of my own. The Constant Complaint tenants. I just sat down to make a list of the many complaints they have expressed to me in the past year of their te...
Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...
I'm thinking of putting in laminate flooring throughout a house I just bought. Currently it has carpet. I have roughly 900 sq ft to do.
My main question is: How hard is this to put in yourself? It's advertised as ea...
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...