Tasha Pams
How to determine vacant vs abandoned?
I recently purchased a tax deed in Jefferson county and wanted to know how to determine if a property is considered to be vacant or abandoned. Based on what I could see through the windows, there is some furniture in ...
Eric Waterman
Vacant 8 Unit Property - Request Help Evaluating
Hi BP community,I'm looking at an 8 unit property that has 7 out of 8 units physically vacant, though I have no idea if the lone tenant is paying. The listing agent is unresponsive and will not provide the financials ...
Andriy Boychuk
How much does it cost (aprox.) to tap city sewer line?
I am evaluating one mobile home park deal. It has city water and private sewer (septic). The city sewer line across the street from the park. How much does it cost aproximately to connect to the city sewer line?
Michael Ndjondo makadi
Are MF also under the short term rental control risk in SD?
Last year a short term rental law that limits short term rents in residentials in San Diego was passed then rescinded.
I was wondering if that legislation is enacted in the future, will that concern MF (>= 4 units...
William Davidson
House Turned Into A Duplex - One Meter - How To Charge Utilities?
Hi BP,I wanted to hear your take when it comes to charging tenants for utilities. The property is a single family home which I have turned into a duplex by splitting up the top floor and bottom floor by using a lock o...
Eric Proulx
Looking to buy my first property! ** Trplex**
Hi BP,Long-time lurker but I think I found the “One” to start my REI career!Here goes: It is a Triplex built in 1950, I haven’t had the chance yet to visit it but it seems in decent shape. I might need to do some fini...
Joshua Gordon
My water utility success story
So my wife and I bought a condo for a personal residence (we have since become landlords on it). The water pressure was so bad when we bought it that it took 20 minutes to fill the tub to wash the kids. We were gett...
Jason Hopkins
First Multi Family Buy & Hold Deal Completed
Investment Info:Small multi-family (2-4 units) buy & hold investment in Memphis.Please see details below on this buy and hold project which is yielding me 17.3% ROI.Purchase Price $59,500Repairs $9,000Total $68,50...
Andrew Lujan
Does this Deal Make Sense
Looking at multi-units in Dayton OH. Finding deals around 100K that bring in $1600.00 a month in rent. Unless I'm missing something this seems to be pretty solid cashflow. Is there something I'm missing here ? - The m...
Mike Celli
Closing and Repair Costs
Is there a good website that provides estimated closing and repair costs for apartment buildings based on size and location? I am using the calculators and finding it tough to estimate these variables. Thanks!