Jerel Davis
Attached Shed Conversion To A Bedroom Closet
I bought a 3/1 1250 sqf home and there's an attached shed with finished roofing right beside the guest room and you can see how the framing is attached to the home. It's on a concrete slab. It's about 100 sqf. The ...
Harita Konjeti
Tenant does not let me walk through or fix issues
Tenant does not let me come to house and fix any issues. The house failed inspection due to GFCI outlet not working.What should I do?Asked atleast 3 times and says he is not available. Gave him time for today at 11 an...
Albert D.
Turn apt land into Parking Lot business, anyone?
Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...
John Napier
Advanced Due Diligence - Apartments
I am looking for some of the experience apartment investors and developers out there to regale me with some stories about unlikely/unusual/out-of-the-ordinary things that have been discovered in the inspection/due dil...
Theo Hicks
First Property Story: Success and (mostly embarrassing) failures
After deciding to get into real estate (after reading Rich Dad Poor Dad, just needed to read the first chapter and I knew what I needed to do) I set up a meeting with a real estate agent/lender to go over investing op...
Shawn Stiteler
Tenant with no heat, can’t be fixed quickly
I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
Jonathan Johnson
When is an on-site manger is needed for Apartments?
Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...
Chris Nerio
1st Rental Purchase, Buying Fourplex
Hey everyone, I'm looking to possibly put an offer on this deal for a fourplex in St. Louis. Purchase Price: $225KDP: $45k (20%)Annual Gross Income: $27,060Total Operating Income: $27,648 (less vacancy at 4%)Total Ope...
Bob H.
Tub in new home is backward, with inaccessible faucet and drain
I am in the process of buying a new-construction home. We had a home inspector look at it today. Many of the problems are minor -- typical of a home just built -- but there are a few that seem important and hard to so...
Mario Ruscovici
Possible purchase of a property in a flood prone area
I am about two weeks away from possibly closing on a duplex in a flood prone area on the south east Atlantic coast. The price is reasonable and meets the 1% rule. I have three issues on which I would welcome any fee...