Michael Higdon
House hacking - tenant leaves personal things in common area
Hi BP,I am house hacking and have a tenant that just moved in and he is leaving his personal items in the common areas (clothes, golf equipment, etc). I have asked him to move it into his room but not sure it can all ...
Edward Stephens
Owner Carry - How common is it in today’s Market?
Hi BP! How common is it in today’s market for a seller to carry a 2nd mortgage when selling his apartment building? Is the market too hot for today’s apartment building buyers to reasonably ask a seller to hold.a sec...
Johnson Nguyen
Pipe burst in Common Area of Condo during Renovation
Hi!I'm currently 2 weeks away from finishing renovation and just got a call from my contractor stating that the common area of my unit had a pipe burst that leaked into my unit and ruined the entire flooring! To make...
Yang Cheng
Do cities/neighborhoods differ in most common rehab issues?
Hi BP! Hoping you all could lend your expertise to this question: I'm a real estate newbie. I also work in tech where I'm thinking of building tech tools for REIs. I'm currently looking into what valuable information ...
Yannes Chiang
Lawsuit - personal injury claim on felling on common area
Hi everyone,In need of some help/advise. I got a letter from a law firm from FL asking me to provide the insurance policies details pursuant to FL Statute 627.4137. The claimant/plaintiff E claimed she fell on the com...
Eric S.
Anyone install cameras in common area in apt buildings?
Looking for experiences in installing camera systems in common areas in apt buildings. I have 3 storie apt building and thinking about installing cameras in the common hallways and one near the front entrance. Anyone ...
Robert Nason
Messy Children using common areas as a play ground
I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...
Cisco Gutierrez
How Common are Down Payments to Apply for Loan
Hey BP, I have seen some people have been asked to give a down payment just to apply for a loan (in the last conversation I had , it was with an investor who needed a commercial loan) How common is this and why is tha...
Kristi Harmon
What are the common general contractor fees in Utah?
I'm trying to hire a general contractor for my renovation loan project, which is a small project (installing carpets, appliances, water heater, light fixtures and bath fixtures and few extra small items). One of the c...
Dan Bowe
How common are $2m all-cash offers these days?
I'm bidding on a 40 unit complex in the Midwest. Asking price is $2mm.
Property is on the market for a short time. Broker asked for B&F offer by tomorrow and said that he has two all-cash offers around the asking...