Here is the scenario: 7-unit tenant-occupied property purchased a week ago from a wholesaler. Buyer responsible for U&O after settlement. L&I did inspection and condemned the property. City posted a notice tha...
Hey folks, I'm based on Salt Lake City (an active earthquake zone) and I'm hoping to get a bit of feedback on how homeowners and property investors in earthquake zones are managing the risk of earthquakes.
A few ques...
My friend and I have been actively looking in an area to invest in. We cannot agree on what true 'value' or 'deal' is. One of us wants to do the flipping route, but I don't believe the margins are there the actually g...
I'm in contract for my first rental property in the Buffalo area and will be inheriting a tenant who is currently paying way under market value. Property is a side by side duplex (each unit is 900sq ft, 2bdrm/ 1ba) On...
I was driving through my parent's neighborhood in Richmond, VA and I noticed a 3 bedroom, 1 bath, 1920 sq ft property with a For Sale By Owner sign in the front yard. I stopped to take a look around and I noticed that...
When trying to consider an investment in, what on BP is called, house-hacking. What is the best way for one to go about getting tenant. In owning a 2 unit, aren't you paying double the mortgage essentially? How diffic...
I purchased a property with the intention of selling my primary residence (5/3 - suited for a family with kids; 3500 sq.ft.; ) and making the purchased property my primary residence. Due to this, I applied for a prima...
Hello EveryoneI have recently purchased 2 SF homes in Scottsdale, AZ, and they each have a pool. I have never owned a SF home with a pool. I am wondering about liability as far as the pool is concerned, as I am in t...
Hello,
My soon to be ex husband and I have a situation. We have our first house and bought a second home last year. The first house was swiftly rented out, but the rental payment does not cover the mortgage payment...
Hi all, I am a first time real estate investor looking to purchase my first "house hack" (live in one room/unit and rent the rest) here in Austin. I am looking at a general price range of about $250K-$350K.Thanks to c...