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I bought a rental property in an HOA community two years ago that has been a real cash cow. While I've read about many issues with HOAs, I've yet to have any issues... until now.
The HOA just sent me a letter...
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Newbie here. A 7 unit apartment building that is about 125 years old, brick, Windows AC, rooms partially renovated, fully occupied.The seller claims a NOI of 63k, which is based on 6% management fee, $2000 repair and ...
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Hi everybody, and thanks for any ideas you might have about this. I looked at my first potential rental unit last week, and I'm pretty sure I'm going to pass. Here's the skizzy:Two-family unit, B-grade, fair condition...
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OK here we go just about to start the demolitionpost 5 - salvage of material from old houseThis isn't another post complaining about that awful asbestos remediation work that seems to follow us around from project to ...
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Hi folks, A tenant moved into my brand new house and defaulted on two months rent within 3 months of moving in. After multiple promises of catching up on rent, they are now 3 months behind. Because they have 3 childre...
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Hey BP Community-I'm working on my first BRRR - and it's turning out to be quite the challenge.1925 built multifamily property in Cleveland, OH, purchased as an REO (AS-IS, buyer assumes everything, no disclosures, et...
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Would a 3 inch horizontal crack in sheet rock be anything to worry about? Someone mentioned settlement and that I should have the foundation looked at. There is no visible problem to the outside brick or concrete. Cou...
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I’ve my second duplex under contract. When I went to look at the units I discovered one tenant had tin foil all over the windows and walls. I am a former social worker and have sympathy for this individual but this is...
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I had an electrician come out to give me a bid on some electrical work identified in my inspection report. House was built in 1968 and APPEARS to have copper wire.
The long and short of it, he says the wiring in the...
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Hello Everyone!
I have just started my real estate venture and am currently looking for my first property. Our agent recommended a lender she works with often who she has been adding to communications with local pro...