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So I'm doing a flip with my wife in Arlington, TX. We set aside some money to update the electrical in parts of the home. My contractor called me and said that the electrician says nothing in the house is grounded. To...
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Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood. After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...
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How do I influence/motivate a tenant to want to take good care of their house? I want them to fix small problems themselves, do routine stuff like shoveling and mowing, and call me if there's a problem with the house.
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I'm buying a duplex in PA and the general inspector was quite shocked with the electric wiring in the house. Exact words:"Fuse boxes present for main services. This system creates a hazard with exposed electrical con...
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Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...
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Fellow rehabbers
I just finished rehabbing my first home and put it on market. I had multiple offer and am in contract within 8 days on market
The buyer is a FHA buyer and the under 90 day flip rule applies. The len...
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Do annual flushing really extend a water heater's useful life?
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Hello all,
So after the inspection on a 4-plex, we sent the following response to the seller:
1) Repair/replace main plumbing waste line that is backing up and leaking in the basement.
2) Replace water heater that i...
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I have a 3 family property in a lower to middle class neighborhood. The rental market is not what you would call hot right now, but I am looking to attract decent renters and stand out. The units have new flooring and...
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Hello BP, just wondering what you would do I currently own one duplex in southern California . Unit 1 is 2/1 with unpermited bonus room and unpermited 2nd bath making it a 3/2 in a sense which I assigned a 2 car garag...