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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...
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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...
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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...
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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...
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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...
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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...
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Hi!
I found a place that looks like it had great numbers and am about to put in an offer but am wavering.. 2 issues that make the numbers iffy now. Currently long term tenants (great) so rent is lower than market...
In the process of purchasing a duplex (3 bdrm/2ba each unit). I will occupy one side and rent the other. No major renovations required at this time. Do I need Coverages A-F? Can I opt out of B coverage if I don't have...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in San Clemente.
Purchase price: $700,000
Identified and acquired a low-risk bank owned duplex in San Clemente for a long-term ho...
I screwed up. I bought a house in 2013 that had a new roof installed in 2012 after a major hail storm went through the area. I never knew anything about transferring the roofing warranty and I just talked to the pre...