Looking to purchase a 6 family building. Inspection came back with a bunch of issues. Whats is best strategy in getting these addressed? Request seller to fix or negotiate credit adjustments to price?

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I am still learning the ropes of real estate investing, currently i have PM that manage all of my rentals, but i have been looking at trying out self managing recently after listening to some podcast and readings. One...

Hi All,Currently I am a Property Management Company with 20 units that I manage. At years end I will be forming an LLC and creating new contracts with the owners under the newly formed LLC.My plan is to just have 1 LL...

Hi All - I am closing on my first property in Denver, CO and am wondering if folks could point me to any good resources on comprehensive lists for furnishing a completely bare short term rental unit. This is a SFH and...

My house pipe under the concrete was suddenly broken last December that causes the water damage. My home insurance pays for the water mitigation and rebuild but refuses to pay for the plumbing repair. The plumbing rep...

Hey everyone here at BP,

Was hoping some one could shed some light on this. I recently decided to go with travelers insurance for my homeowners policy on a live in rental. Switching over from Allstate.

Allstate I’m...

Hi,Im considering getting a service to cover plumbing and sewage as its relatively inexpensive. I wanted to know if its worth getting and if American Water Resources is a good option for Detroit.

A plumber came out the other day to give a quote on the work in my rehab, and he said that there's only one insurer (that he knows of) that will insure against damage caused by PEX plumbing. Sure enough, our insurance...

Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...

Hi all, I recently had both of my (amazing) tenants report septic backup through their toilets.  Each side of my duplex is 2/1.  I called the septic company that did the original inspection 18 months ago at the acquis...