Vinet Fils-Aime
New Comer from Monsey NY
Hi Everyone,
My name is Vinet Fils-Aime. I am from Haiti and currently leaving in Monsey NY. I am a computer analyst working for KPMG as a consultant. I have pretty much no experience in real ...
Matt O
Rent increase
I have spent a lot of time and money on my property already the inside is very nice new floors new paint new furnace. So far I have not made any money from my tenants they only pay enough rent to cover the mortgage. ...
Lisa Beard
1031 Exchange Question
If I am planning on a 1031 Exchange, can I close on the new property before I close on the old one? I would basically float the money for the new house until the money from the old house comes in. Any idea if that wou...
Pavan Krishna
Permits and Inspections
When you get work done on your homes, do you make the contractors apply for permits? In the past, I had issues with contractors doing substandard work. For example once a HVAC was installed without an air filter.Now, ...
Adam Craig
Commercial flat roof advice needed. Picture attached
Going through negotiations on a commercial office building. The agent said the roof needs replaced and my knowledge of commercial flat roofs is pretty minimal. I took some pics and measured it - its 4000 sq ft. Before...
Benjamin Beyer
How Do I Decide When To Make Updates?
Hi BP Nation,I've been a landlord for a couple years now and one thing that I've always struggled with is deciding when to update stuff in my property. An example of this is my one unit's electric range. It works fine...
Jared York
First flip help request. Second front door removal question.
For this flip in a C grade neighborhood, what is the budget friendly way to remove this door? I am specifically referring to the closed door in the image, it leads to the front-most bedroom. The siding is old and uniq...
Holly G.
SF rental is 50% owned by IRA - Ins. claim - trouble getting paid
Hello BP members! My husband and I owe a single family rental on the Gulf Coast that received damage from a recent hurricane. We have had an insurance adjuster come out and have a quote from a roofing company - the wh...
Harold Cherrix
Fixed Rate Financing
At the end of last year, my son and I invested in a property that has 3 Trailer Homes and a 3 bed 2 bathroom house. At the time the only financing we could obtain quickly was a 5/1 balloon commercial loan @ 4.5% amo...
John Conte
Possible Recourse for Boiler Damage?
So I bought my initial investment property in 2017 in Cleveland, about a month in, the boiler blew. went out, replaced the whole thing, 17k later. Not sure about the ethics or legality of naming the company so I won't...