Gino Vivalda
Finding adequate comparables
Hello I'm having difficulties finding adequate comparables on a particular property. This property is in a rural area and doesn't have much activity in its specific neighborhood (which is on a country club). There has...
Kathryn Schauer
Adequate Insurance Coverage?
The insurance I currently have on my rental has the 'NAMED INSURED' listed as the Property Manager and then my name is listed as an 'ADDITIONAL INSURED'.When I questioned this, the explanation was so the property mana...
Michael Craig
Adequate Walkway Lighting
Happy New Years BP. I have a question about adequate walkway lighting on a 3 family property. -Off street parking is in the back-Units 1 and 2 can be accessed from the back-Unit 3 access is in the front, which require...
James Thomas
HOI - Adequate Coverage?
BLUF: Is the below Homeowners Insurance (HOI) coverage adequate for a $700,000 personal home with an attached one (1) bedroom multi-generational unit (aka: mother in-law suite)? Coverage F Medical seems low...
BACK...
Kathryn Schauer
Foundation support adequate
In the initial walk through of a duplex I have under contract, we noticed cracking along the outside of the foundation:We asked the owner about this and they said they recently had an engineer out to assess the founda...
Jessica M mogardo
Negotiated repairs not adequate
Hello! I am under contract for a SFH in WNY and had a chimney repair (loose bricks at the top) contingency in the contract after the house inspection. The repair was completed, and I received a photo and invoice for t...
Julie L.
Adequate protection as landlord
Good Afternoon All!I am purchasing a property that was built in 2022 and it is a SFR. I am out of state so I have a reputable PM handling the tenant but I want to make sure I am adequately protected in terms of liabil...
Phil Ferranto
Adequate reserves vs. rehab budget
Hi everybody, I'm shopping for a 30-50 unit MF apartment building and am trying to work some calculations for reserves and rehab costs. I have an ever growing list of data points that suggest investing at least $5,000...
Patrick Henshaw
AC not capable of adequately cooling
Hi Team - small caveat : This is not actually about a rental property I own rather I am a tenant ( and on BP looking to get into real estate investing for myself and be the Landlord I would want to do business with:) ...
Frank Klarich
Adequate reserves in post-COVID world...
https://komonews.com/news/coronavirus/under-covid-some-landlords-of-limited-means-worse-off-than-their-tenants
The article above got me to thinking about whether or not we need to re-think what an adequate amount of ...