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Never ever thought that this would HAPPEN but Hurricane Mathew has ravaged 8 of my units with four feet of water. In one day, 8 of my units went from cash flow positive to cash flow negative. Being without flood insu...
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Hi, I want to run a question by the community and see if a Hack purchase, have to bring a positive cash flow right from the get-go. I `m running my numbers, where I plan to buy a property (duplex, triplex), but someho...
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I own a duplex that has one water meter and each has one tenant. I pay the water which is included in the rent. Avg monthly bill is $50-$60. This month's bill was $180. All fixtures and plumbing are new. I don't know ...
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Hello,
My name is Amy and I am located in Fresno, California. I'm a veterinarian with an interest in finding my first rental property investment!! I've been listening to the Bigger Pockets podcasts and webinars fo...
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Hi everyone-Another question for all you experienced with multi unit rentals: There is a 5 unit I am interested in located in West Michigan and I'm thinking of placing an offer, BUT the property doesnt have split util...
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Hi BP,
I'm having an issue with my boiler and thought I would ask here before calling the repair guy. I have a 5 zone boiler, system 2000. 4 zones are working perfectly, one zone has no heat at all. The thermostat i...
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Hello,
I'm looking to purchase my first duplex with FHA financing. I just want to make sure this is potentially a good deal before going all in. The property is:
Sqft: Over 1,700
List Price: $56,0...
Greetings Everyone,I wanted to post about a recent challenge I had with a main sewer line – 100 year old house, PVC pipes inside -> terra cotta outside. The tenants notified me that an overflow occurred at the out...
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Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
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Hey BP, came accross a duplex and I feel the numbers are out of whack some where so I need some help as I don't want to over pay.
-2 studio units @ $500/month, rentometer/market has average rent around $575.
-Liste...