Alfath Ahmed
What do you guys look for in a lead to qualify them as a hot prospect?
Typically, I will call a skip-traced list with potential candidates that have 2 to 3 motivations (Divorce List, water shut-off, tax abatement, etc). My mentor taught me that a lead should have these 4 pillars:- Price ...
Joe Boggin
three room boarding home all electric in my name
there is a house that went up for sale around the corner from where I work. I made an offer contingent on the appraisal and home inspection but the house is 15k. The previous owner broke the house up into three rooms...
Dave Versch
Problem making an offer on an REO
Hi. I'm considering making an offer on my first REO. I'm having a contractor come out to take a look and give me an estimate of what it would take to get the CO and make it tenant-ready. If the numbers are reasonab...
Jim Wineinger
Water heaters
TANKLESS water heaters
I saw this topic from almost a year ago. It was deemed then as not yet being worth it.
What is the update from those that have tried it. Is it really almost maint free and...
Jay Chung
Cost effective way of dividing up basement access for duplex
Is there an easy way to divide the basement up? Each side of the duplex has access to the basement but below everything is connected together and I want to make sure no side has access to each other. The way I can ima...
Brenda Czich
Separate metering costs
New investor needing advice... I am interested in an older home that has Baseboard heaters, Hot Water, (Electric). I was told that there was separate metering for electricity but then discovered there is a separate ...
Mark Goodman
Converting a 3 unit into a 6 unit in Chicago. Costs?
I am looking at a very old 3 unit building in Chicago. It's zoned as a 6 unit and sits on two Chicago lots. I am expecting a full gut rehab here. I think the structure is sound, roof sound, windows okay and brickwork ...
Axel Lafortune
Water Heater - Buy VS Rent ?
Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...
Aaron Gorum
Should I upgrade the master bath on my occupied Rental Property
To start, I have great tenant that have lived in the house since Jun 2015. They always talk about how they love the place and don't want to leave. They have never been late on rent and treat the home as their own. The...
Luke S.
Nat Gas/Electric (water heaters) question
Morning ladies/gentleman,
We have been fighting with cold water and resolving some issues in our units over cold water in the past few months on a property we just picked up.
When replacing and redoing ...