I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...
So I'm not buying for some time, but I've been looking at some REO properties in my area to see what's available. I found a condo close by that seems to fit the 50% rule, but I just wanted to double check with the exp...
Has anyone had success buying holding and renting out seasonal condos? What have been your major challenges and/or successes?
I'm doing some due diligence on a multi-family, and the proforma expenses are running at 71%. :wowie: I'm pretty sure the expenses are overstated, and I have my own ideas about where they're too high, but I'd appreci...
Hello Maryland investors,I am curious to know the best markets in Maryland where one can invest with the lowest initial investment capital and get a great cash on cash return . I was thinking Cumberland, Hagerstown or...
I was called over to a property today due to a report of low water pressure and a leaky pipe. I went over to check out the situation and the leak was a quick connect adapter on the water heater. I had it replaced two ...
My lender said that because of coronavirus, it is possible to choose to have the appraiser not go inside the units (I'm getting an FHA loan for a 4plex). Should I still have the appraiser go inside or no? I also got a...
I'm looking for some advice on an appraisal dilemma. I recently purchased a home through a hud auction. The house was in need of some repairs and TLC and was listed well below market value for the area. It needed l...
Hello BiggerPockets Forum,
I have tenants in my SFH rental property in Virginia that are giving me a headache. The basement, where one of the tenants is living, has had some minor flooding. I've spent several thousan...