Rick Jones
Evaluating a multifamily property. How old is too old?
Hey all, I'm looking to purchase a small multifamily property as my first rental. I found a triplex that i like and when running the numbers it seem like a good deal. The only downside is that the property was built i...
Angelo Gordillo
Family’s estate in Pacific Heights
Hello all,This is my first post, and what a weird one for me. I’ve just joined Biggerpockets because I want to set my family free financially, and real estate seems like the ticket to do so. Now that I’m interested, u...
Chris G.
Lowering Rent Since Tenant Doesnt Have A/C?
I have a tenant that put in a complaint the a/c was leaking and not working sometimes so I sent the vendor out and they did a leak test and found what part it needed to be replaced. It was put in 2019 so it's relative...
Vishnusai Yoganand
Investing in properties that show construction date in 1920's
Hello,What parameters should I consider while investing in properties that show construction date to be between prior to 1950? I am worried about unforseen CapEx (2-3 year down the line) which would eat up the cash-fl...
Vu Truong
Losing deposit when canceling escrow
Hi,
I have a question as Rookie. I want to cancel escrow due to inspection contingency on the last min. Buyer didn’t reply to me or release deposit. Now they are on escrow with different buyer. I wonder if they can ...
Nathan Veech
Advise About Knocking Down a Rehab and Building New near DFW
I am living in Watauga Texas (near Fort Worth) in a 2 bedroom, 1 bath rehab. 1960s home, everything has to be redone. Foundation has to be leveled, sub-floor needs replacing, walls need to be redone, roof needs to be ...
Jeremy Goldizen
Cons to buying Condos?
I bought my first condo two years ago to house hack (roommate paid almost 70% of my living expenses), plan was to purchase several within my complex because leasing was allowed. That lasted 3 months until I met my fu...
Benjamin Nitz
Foreclosure.com - Worth the Investment?
Hello BP! I'm a brand new investor from Wisconsin (Fox Valley Area). I have yet to pull the trigger on a property. I'm currently learning as much as I can. My goal is to BRRRR. For the remainder of 2019 I am working t...
Adam Sankowski
Landlord eco hacks?! How do I save on non-separate utilities???
Hey I'm wondering if anyone has any Landlord hacks for reducing utility bills. Looking to maybe take over a smaller multi and not sure yet if I'll be able to separate out the utilities or not? In the event I can't I...
Alana Nevares
Repairs on 1940s and1950s midwest properties are eating returns
We have few single families in University heights, Euclid and Garfield Heights. We should be making about 200 per door each month, however, repairs are compromising the returns. One of the properties was acquired 7 mo...