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Results (10,000+)
Brad Cullen Metro Detroit Rental Investment Story
2 April 2018 | 5 replies
The only immediate repairs/upgrades that are needed are gutters, pitch the landscaping away from the house, and painting the garage (being required by the city for the rental inspection). 
Alexis Renny Inherited tenants w/ signed termination letter refuse to leave
31 March 2018 | 13 replies
I have 1 week off and several family members coming into town starting tomorrow to help us re-landscape and repair, all of which I’m doing out of pocket so we can just move on.  
Brenton Tigner Jr 1st caller from Wholesaling yellow letters..Please help
8 April 2018 | 16 replies
Walk her backward:If you were to list it with a realtor at given price, you will be paying 4-6% realtor fees, Plus It may also take anywhere from 2-6 months for you to receive your funds ( 1-2K a month in holding cost) If there are any repairs, they would come out of your pocket.
William Danielson Deployment concerns with rental property
27 September 2022 | 14 replies
Primarily, authorizing expensive maintenance (roof repairs, walls, big stuff that exceeds the PM's authorization).You can make Limited POAs cheap (or even free) using something like www.legalzoom.com.
Maria A Pena Duplex under contract, in need of General Contractor referrals!
1 April 2018 | 2 replies
This is my first post in the forum as I recently became a BP member :)My husband and I just got a Duplex under contract that requires significant repairs (no structural/foundation work) as it is quite old and has extensive wear and tear. 
Sandra K Shirah Bond for Deed - Opinion on Terms?
31 March 2018 | 0 replies
I'd like to allow a reasonable time frame for renter/buyer to repair credit, but I'm not looking to be locked into a looooong term commitment.For those that do not/cannot obtain financing after x number of years, what options (if any) do you typically offer?
Jason Vaughn Question on depreciation on rental to primary residence
2 April 2018 | 4 replies
In general, I would suggest repairing the rented unit when it is rented now because once you move in to renovate, yes the improvements are added to the basis, but repairs are not ( there is one exception) Although there is a rule that when you are improving the personal residence and there are minor repairs done with the improvements, those repairs can be added to the basis, but you would benefit more doing the repair now while it is rented to get a tax deduction right away rather than adding to the basis. 
Chuck Rhodus Using LOANS as down payment
1 April 2018 | 7 replies
If you are buying properties that need rehab or that may need repairs from unseen deferred maintenance and you don’t have a reserve you could get into trouble quickly. 
Huso Akaratovic HELOC VS CONVENTIONAL
3 April 2018 | 10 replies
“Insurable With Repair Escrow: A property that requires no more than $10,000 for repairs to meet FHA's MPR and MPS.
Quandra Adams What happens if a Seller refuses to sign termination papers
1 April 2018 | 6 replies
There was a point where I was explaining to him that if I couldn't get the paperwork filled out that I would have to walk because I wouldn't buy the property without the repairs getting done.