Cody Webb
New investor looking for advice.
22 February 2024 | 2 replies
I live in Midland TX which is dominated by the oil and gas industry and contemplated on purchasing a house or building a duplex to rent to a oilfield company.
Christopher Lombardi
Property Insurance - self insurance
21 February 2024 | 14 replies
The scammer then ask me if I'll pay him a few hundred to go away, but I told them, shouldn't done that before you got the lawyer, but you now have to deal with insurance.My wife had a younger sister killed by an oil company truck of a major oil company running a red light.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
@Nicholas AiolaAre there any real estate crowdfunding platforms that allow you to deduct your investment against active income (similar to oil/gas)?
Kalei White
Would you buy your first rental property all cash or use leverage if you have 600k
22 February 2024 | 50 replies
With $600k, I'd be more interested in gas and oil mineral rights and/or a syndication.
Amer Swid
Need advice on inspection report. Knobb and tube and others
17 February 2024 | 11 replies
If you were burning fuel oil or coal or something like that stainless steel would be required but for natural gas you can use either material.
Jon Dorsey
Septic System Tank Insurance??
16 February 2024 | 5 replies
The closest to that is environmental coverage for Underground Tanks (normally gasoline or oil).
Pandu Chimata
Getting rid of smell
15 February 2024 | 42 replies
I've heard the Zinser shellac based primer does a better job at locking in odors as opposed to Kilz...or make sure it is an oil based Kilz...Here's a link to a BP cat litter flip forum post from a few years back...half way down page 5 he talks about the smell removal process. https://www.biggerpockets.com/forums/88/topics/133059-cat-li...
Jack Wang
Potential building issues for older (pre-1960) properties
16 February 2024 | 14 replies
Balloon" framing (1920's I believe).Radon.Plaster and lathe instead of sheet rock (pre 1950's) or plaster and wire mesh variations (50's) more solid than sheetrock but a real b*tch to repair or demo if you're remodeling.You've got Galvy plumbing but also need to look out for other kinds of outdated plumbing like clay sewer lines (pre-1930's, prone to collapsing, bellies, root intrusion), cast iron (1950's, often rusted and/or cracked by now), and PB (polybutylene, gray-colored water pipes, 1980's, prone to rapid degradation and subsequent bursting, mostly gone by now).Buried Oil Tanks-- Do you have those there?
Kalp Mehta
BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)
14 February 2024 | 11 replies
Perhaps, the heating system is old and inefficient oil heat and you modernize it to a high efficiency unit with a cheaper fuel like natural gas.
Devon Shaw
Indianapolis Market Insight from an Investor Focused Agent
13 February 2024 | 10 replies
Quote from @Ashton Hines: Hi Devon, Curious what you think about the STR market around Lucas Oil.