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Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...
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First let me preface, until now, all my tenants had (a single family property) utilities in their names and this was a requirement to lease. I know, I know, I’ll just say, I’ve never had an issue where the utilities ...
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Hello real-estate community,
I am purchasing a conversion 4 unit this Friday in Wisconsin Dells, WI. The current landlord pays all utilities. I've heard some ideas on the BiggerPockets podcast on how to separate thos...
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I have a studio apartment that the tenant just moved out of. After assessing the state of the property, they failed to tell me that the sink faucet had been obviously leaking which in turn, damaged the counter and cab...
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Odd property, one house and one 5 unit building being sold together. Separate lots, taxes, insurance, but combined water and sewer.
To separate the utilities would cost $40k for tap fees and sewer, because sewer runs...
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I've got leads on a couple of houses that need a fair amount of rehab. The problem that I have is that they have no potential profit, as they are, because of $ owed on them. One is behind on a few payments and the oth...
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Hello my fellow BPers.
Please share your wisdom on my situation. I have a duplex, live on the 1st floor (2 beds, 1 bath) (soon to rent out) and my tenant lives on the 2nd floor (1 bed, 1 bath).
As we know, inflat...
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My rental has been experiencing quite a bit of electrical issues. I've had a few electricians diagnose the issue and have come to the resolution that I need a majority of the breakers replaced. As the electrician was ...
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Our tenants are required by their lease to change out the air filters for the Hvac on a regular basis. They did not do so causing poor circulation which caused an ice build up on the less than two year old air handler...
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Comps for beach homes in this neighborhood are from 900K to 1.3m. This home is one house in from the water with excellent views. Has no damage from Sandy or Irene, but has lots of neglect from past owners from 20...