J Greenspan
Rental property with very low power lines
Hello everyone,I am looking to buy an investment property and found one that I am very interested in. Everything seems to check out, but when I walked out into the backyard, I noticed that there are power lines abnorm...
Diego Lopez
Water company doesn't allow 2nd meter install??
Hello all, I'm wondering if anyone has came across this issue before. I called our local water company (Indiana american water) in order to get a quote to install a 2nd water meter at one of my properties and accordin...
Virginia Jones
Do you turn off a natural gas furnace in the summer?
One of our rentals has hot water heat powered by a natural gas furnace. The furnace has an automatic pilot light so it doesn't have a flame that needs to be lit. Would you leave it on in the months when it's not being...
Diane J.
Vanilla Ice House, baby
One hit wonder, Vanilla Ice, has been profiting from real estate since age 16 now has his own reality show. Look for more flippers entering the arena driving up prices and subsequent bargains after they fall out of lo...
Jim Burns
converting apartment house into 4 unit?
Is it possible to convert a>4 unit apartment house into a 4 unit? Its not much bigger. Would I be able to do it during the purchase and possibly obtain traditional financing? is this only something that can be done...
Trey Pope
House #2 Complete- Lesson learned
I have completed the rehab of my second house and have it under contract. I bought the house in Feb and was hoping for a three week rehab and had a budget of 5-6K. Instead it took two months and cost me around 14K......
Caylee Loville
Understanding NOI (where to pull numbers)
I'm a new agent and am currently working with an investor. My client wants me to calculate cap rate for a market area. I'm aware of the formula but my bigger question is where in the world do I pull numbers for NOI (O...
Axel Enriquez
How much to charge for rent
Hello BP, so I want to start investing in my home time. It’s a very small city in Alabama,but I’m really have trouble figuring out how much rent goes for. Making it difficult to analyze deals for me I’ve asked local l...
Zane McLaughlin
Tenants Sharing Utilities
Okay so I closed on a single family home 3 bd 2 bath, and we are looking at renting out each room to unrelated tenants for around $250 a month (perhaps more for the master bedroom). I was thinking of just charging eac...
Kusha Karvandi
Best questions to ask when buying a 4-plex?
I’m considering buying a 4-plex (this would be my first multi-family property) in the Chandler or Phoenix, Arizona area. What are the best questions to ask and most important criteria to look for when buying this type...