Need to vent... I am selling a rental and had the deal fall through due to an amateur/poser investor. My agent was upfront with the need of a flexible closing date in January and had many interested parties but going...
I know this varies by state, but I would love to hear how you guys manage your tenants maintenance responsibilities. Do you guys have a set list for each property or keep it really simple and have a general rule outli...
Hi,
Wondering if anyone has any thoughts on this situation.
We bought a house about 2 years ago.
Facts:
1. The furnace is not up to code due to clearance violations (and wasn't when we bought the house)
2. Our ins...
I am looking at a duplex where tenants share one furnace and one hot water heater, thereby the owner pays for the gas. I am thinking about buying it, but I don't want to get stuck with the gas bill. So I am thinking a...
Hello BP!I'm hoping someone might have some guidance on a recent event that happened at my property in Cicero. Long story short is that my tenant apparently had some friends that stole from a local corner store and we...
What's the best place to find building code for the city? I'm rebuilding a staircase that's entirely contained in a single unit so it sounds like not all of the traditional rules apply, but I can't find anything for s...
I'm working on my second wholesale deal and one of the projects I'm developing is a single family home in Maryland. Property is currently held by an investment firm and they plan to auction it at the end of Septemb...
Hi everyone, My name is Nate Broekhuizen and I just started as a Property Manager a few months ago and currently manage about 40 units. Consisting of single family, duplexes, and two fourplexes. The previous Property ...
Hi Guys,
Here's the situation. We're first time homebuyers looking for foreclosure homes in CT. It's real pricey here because of the proximity to NYC.
We have a real estate agent that specializes in short sales/for...
Hello BP community.I have been looking at several 3 and 4 flats on South side of Chicago and was wondering if some local contractors could give us a general rule of thumb for costs to gut rehab each unit?Light rehab, ...