10 November 2025 | 31 replies
( this is very LOW ) But I'm stuck with them until March 2019.Taxes ~$2200 / yr Insurance: $98 / moTenants pay Electric, Owner pays all others - gas (steam) heat, water, sewer, landscaping, snow removalI can easily raise these to 800+ in their current condition.
24 October 2025 | 11 replies
@Salvatore Amato The reason everyone is advising against C & D Neighborhoods is because the risks are so high.If you choose to pursue BRRRs in these types of Neighborhoods, be sure to fully understand these higher risks.RISKS:1) Break-ins & vandalism- In our local C & D Neighborhoods, we remove furnace & hot water tanks when a property is vacant, to avoid them being stolen.
3 November 2025 | 11 replies
A new HVAC is $10k, water heater $1k, cast iron plumbing to PEX replace (with basement access) can be $8k if not more.
3 November 2025 | 10 replies
The absentee owner also accrued over $15,000 in nuisance liens, water usage and property tax liens.
21 October 2025 | 7 replies
Beaches, water and view is better than Belize.
30 October 2025 | 38 replies
Also, may be a good idea to carry line insurance for water, gas, and sewer.
22 October 2025 | 6 replies
The faint water stain that becomes a ceiling leak?
29 October 2025 | 10 replies
You guys should have public water and sewer, right?
12 November 2025 | 8 replies
One meter for water & sewer - So every month I just split the bill halfway since there are the same amount of people living in each unit.
22 October 2025 | 19 replies
Start small and test the waters.