Deal fellow BP'ers, I am working on a "as-is" multifamily deal in Union City NJ. "Buyer is responsible for obtaining CO & Smoke detector certs" is the language in the contract. I've never deal with Union City NJ...
I am a new real estate investor and bought a 4plex which at the the time seemed like a great deal. Asking price was 84,000 I offered 79,000 and got it. Came fully occupied with tenants but after the 1st month they wer...
Hello BP!Recently, the city inspector’s office where we own a rental in Michigan contacted me and informed me that “a concerned citizen” complained about the condition of the front porch of the rental.It is easy to as...
What Are Some Keys Things to Look at When Looking to Purchase a Rental Property?
Hello, just trying to get advice on how to go about this turnover.
I purchased an out-of-state property last Aug, and tenant just moved out this May. I have not been to the property yet, but have been told by the PM ...
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
So I get a text today telling me that "Yesterday afternoon the CO² alarm went off and the furnace stopped putting out heat".
I let her know that she should have notified me immediately and called the fire d...
Just so I didn't totally waste 3 hours of my morning and another $150, I wanted to post my findings here. Every time I buy a new cabin I buy a new Kwikset 910 deadbolt. I get the one with Z-Wave. My thought process wa...
Hey everyone,
As 2024 comes to a close, I wanted to share my experience managing a 3-flat in the Ravenswood neighborhood of Chicago during my first year as a landlord. It’s been a wild ride—full of challenges, lesson...
Hi all, I am in need of some guidance, please. Any direction is much appreciated.I purchased a duplex in Jan 2018 in Burlington, WI and inherited some bad tenants in the upper unit. Their existing lease with the forme...