Jon Fletcher
Dirty Tenant is Causing Mice in Other Units
The ground floor tenant in my three-family is absolutely filthy. They had an issue with mice and I paid for an exterminator to lay traps. The exterminator also remarked that the tenant is living in squalor. Now the up...
Allen L.
Rehabbing a property built before 1978, lead based paint
Hi guys, I am new to REI and first time trying OOS BRRRR on a property built in 1949. I'm completely clueless about the proper steps to rehab a property this old since it could have lead based paint.Assuming I don't d...
Johnny Dlcrz
Refinance double wide mobile home on land
My wife and I own a fully renovated 3/2 double wide on .25 acre very close to a waterway . We invested around $75k out the door for everything including home and land and We have tenants in it that just made a full y...
Cameron Marmon
3 year leases, your thoughts?
I have an application in hand at a rate that is probably top of the market, for now at least. They want a 3 year lease though. What are yalls thoughts on that?
Chris McDaniel
Tenant Neighbors from Hell
Howdy BP Invstonauts!I need some suggestions as this is the first time I have been in this situation. A little background, I recently purchased and rehabbed a new rental only later to find out that I have the neighbor...
Juan Turner
Fourplex Counteroffer Analysis - First Multifamily Investment
Hello BP,This is my first offer on a multifamily property. The property was built in 1988. I rate the neighborhood a B- or B. Each unit is a 2 bed/2 bath. Current rents are $550 each unit. All units are occupied. My o...
Rhodaline Dekyi-Arthur
how to deal with undesirable neighbors nextdoor to vacant unit.
Hello BP, I need advise as to how to go about this. I have a duplex close in an ok neighborhood. Unfortunately, the house next door went into foreclosure and is now filled with people who sit outside all day, drinking...
Kevin Park
[DC/First Multifamily Purchase] Does Inspection add value?
We are about to purchase a 7 unit multifamily property in Washington DC (our first investment) last renovated in 1964, but the property is clean and looks structurally sound. Our legal counsel recommended that we have...
Mary Taylor
Code Enforcement Violations
I recently purchased a tax certificate from Mobile County. A few days ago, I received a notice from the City of Mobile Municipal Code Enforcement Department addressed with the previous owner's name with my address.Thi...
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Funding through an LLC
Quick question for my fellow rehabbers out there... Over the last couple of years, the volume of transactions that I have been doing in the rehabbing/flipping arena has escalated substantially from past years. As my ...