Jamie Richter
Possible Piering in Baement, Should I go for it?
Howdy,I'm new to the site and this is my first Forum post. I am looking at purchasing a property to live in for a year and then rent. I will be doing this repeatedly to build my list of investment properties. I am int...
Charles Worth
First-Timer in Cleveland
I am looking at a 6 unit building in the Cleveland. This is my first purchase of a multi-unit (I have only done single family) and I was hoping there were other experienced investors that could give a newbie some advi...
Timothy Chi
Advice for Inspection
Hi all! Went under contract on my potential first investment property. It's a 4plex. I will be having the inspection on Tuesday and am wondering if anyone has any advice for me - things to look for, ask in the inspect...
Leema M.
Building Violations and Permit Process
Hey BP!I’m in the process of purchasing my first real estate investment property in NYC which has an open partial vacate and a couple of ECB violations on the property (work without a permit). It appears that the pre...
Geoff Boyd
Closed on a Condo. Full inspection or mechanical inspection only?
I just closed on a condo. My realtor is recommending that I go with a mechanical inspection only instead of a full inspection since the seller wouldn't be responsible for any exterior repairs anyways. This unit does n...
Yi Zhao
Money withheld from the contractor until after final inspection
Hi all,I'm a flipper and the houses I flip usually takes $50k-60k to fix. In my contracts, I always withhold 10% until the house is sold and final home inspection has passed. It usually cost 1k-5k to fix issues that a...
Frank Klein
if you are waiting for the right moment to start, its now
“Success means doing the best we can with what we have. Success is the doing, not the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that ...
Kazi R.
Fully occupied 4plex under contract, now what?
I have a fully occupied 4plex under contract in Atlanta metro area. Inspection, appraisal, title all look good. I am likely to close on it in next 2 weeks. I am a bit worried because I have never bought a tenant ...
Wesley W.
Buyers of rent-ready small multis: advice needed
Hello all,I'm looking to get some feedback from people who have made a practice of buying occupied rent-ready small multi-family properties.This is my niche of choice, and despite what I consider to be my best efforts...
Pavan Krishna
Permits and Inspections
When you get work done on your homes, do you make the contractors apply for permits? In the past, I had issues with contractors doing substandard work. For example once a HVAC was installed without an air filter.Now, ...