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Updated over 7 years ago on . Most recent reply

Robert Carpenter's profile image
Robert Carpenter's profile image
Robert Carpenter
  • from Montclair, New Jersey
  • Member since Apr 14, 2014

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Robert Carpenter's profile image
Robert Carpenter's profile image
Robert Carpenter
  • from Montclair, New Jersey
  • Member since Apr 14, 2014
Robert Carpenter
  • Montclair, NJ
6
Votes |
66
Posts
Multi-Family and Apartment Investing

Biggest Problem Multifamily Buyers Have Faced

Robert Carpenter
  • Montclair, NJ
Posted

Hi Everyone,

Hey quick question.  

For folks who have owned multifamily property for a while I'm wondering what is the BIGGEST PROBLEM you've faced ?

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Pat L.'s profile image
Pat L.'s profile image
Pat L.
  • Rental Property Investor
  • from Upstate, NY
  • Member since Dec 27, 2012

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Pat L.'s profile image
Pat L.'s profile image
Pat L.
  • Rental Property Investor
  • from Upstate, NY
  • Member since Dec 27, 2012
Pat L.
  • Rental Property Investor
  • Upstate, NY
3,360
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Pat L.
  • Rental Property Investor
  • Upstate, NY
Replied

All of the above but 2015-2017 IBC compliance is getting a lot of attention around here with older 'grandfathered' multi's. Detailed electrical compliance along with the long overdue & more stringent fire safety requirements such as fire sprinklers & 24/7 first responder alarm panel systems etc. Retrofitting these are very expensive.

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