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I live in Portland Maine, I have been thinking on placing solar panels on some of my rental's land. The idea is to supplement (or cash flow) my own electric bill at a different home I live in. The home is too tree cov...
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I am planning to bid on a 2 bd/1 ba approx 600 sq ft ea side of the duplex that is in the process of foreclosure (possibly preforclosure). Property is in lower middle class area of town and property will average $700...
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I run a group of over 2,000 Philadelphia area landlords and almost a day does not go buy where someone asks a question or shares an experience that makes you realize just how much you need to know in order to be a suc...
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Hello, we recently purchased two rental homes and need to add insulation to both. One we are planning a garage conversion and need to insulate over the garage and add to the rest of the atic, as we are stretching th...
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Hey BP,I keep passing on multi properties that have common water because I don't want to pay for any utilities. Now I am wondering if these are missed opportunities. Can anyone tell me ways to separate common water an...
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I just had an accepted offer on a 3-story 2-family house in Connecticut (2br first floor, 3-4br flex on the second/third floors) and in checking out the basement, all utilities were split besides heat, which is powere...
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Hi All,
I thank everyone in advance for their feedback. I own a three family in Portland, Maine. Just as a forward, I have read through the other forums on this topic (specific to Maine) and would still appreciate s...
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How popular are REO properties? It seems that I don't see them talked about as much as potential investments. What are the drawbacks of these properties? What are some of the best ways to invest in them? I see them as...
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Hi BP,I own an upper/lower duplex. I'm converting it into a triplex by finishing part of the basement into a studio flat. The basement flat is a small space, only about 300 sqft. There is one furnace so the heating is...
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Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...