Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...
Hey ya'll I am looking to get my first property and will be house hacking it. My question is whether I should let the tenants know that I am the owner of the property or tell them I'm just a manager.... I've heard nig...
Hello all,
I have a rental property at which the tenant just told me the AC is no longer working. The problem is the guy who installed the condenser and warranted it and who would give me the best price is out of to...
There was recently a debate on this site about the licensing requirements to take pictures of a house in return for compensation. In that thread, I had a little rant about the creeping role of the licensing into all ...
Ok BPers. I said in a post a while back I'd post the numbers on a small apartment complex that I am pursuing. Here they are. Comments are welcome:
Purchase Price: $325,000
Units: 29
Mix: all one bed/bath (one effi...
Newbie here. My HVAC needs to be replaced in my primary residence condominium. It’s still working but it needs to be replaced in the near future because it’s old. I plan on moving out in six months and renting it out...
Hello everyone, this is my first post on BP and I hope to post more. I am a full-time college student in Scranton PA and I work part-time. Through investing in stocks and saving I have accumulated a little over $7k wh...
Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
Hi BP Community,Before I dive into the details let me give you a brief background on myself as this will be my first time jumping into the real estate market. I've just been pre-approved for up to 600k to borrow to pu...