There is nothing like a rainstorm to bring out leakage problems especially houses with basements or other below ground areas. I was in a house today that I'm sure other investors gave looked at prior to Mondays's ...

Hi guys,I recently put an offer on a great little house in a sought after neighbourhood.  During the inspection we noticed some water seepage in the basement.  Is this something I could tackle on my own? Anyone have e...

Hello BPs. Have a rookie question related to maintenance/incidents. Last week my tenant called me saying that the toilet malfunctioned and as a result it leaked water for 2 hours approximately and cause a big flood in...

I have a rental in NYC.. there is a water leakage in the basement... it only leaks around 4pm or 10pm at night.. plumber/ contractor is not able to find where the water is leaking... he thinks first floor tenants are ...

I am currently under contract with my first property multi-unit and am trying to figure out the problem and expected costs for the attached image.  I do understand that the best approach is to get a contractor/basemen...

I am trying to buy home insurance for 2 duplexes in Columbus. One of them has roof repairs recommended per the inspection report. However, adding roof leakage coverage will double the insurance premiums. From what I r...

I have a contract on a house with an underground oil tank. I've had tank service people come out and estimate the removal at several thousand. A previous owner has poured sand into the tank so it's apparently bette...

HiI am a newbie. I am working on a deal involving the purchase of a condo as a rental property. The property would yield a positive cashflow calculated using the rental property investment calculators provided by BP. ...

I'm about to close the contract (3 weeks to closing date), but all of sudden my lender refused to process the loan (underwriter refused to proceed) after they found there was a heating oil leakage found (still looking...

I need some urgent guidance on a situation with my rental. My tenant reported water heater leakage on 14th Feb. I got a technician to look at it same day and got the heater replaced (with permit taken) by 15th morning...