Chuck Mak
Need Legal Advice
Bought a 8 unit apartment buidling a month ago. My lawyer, who owns the title company, goofed - property has environmental violations in 2009 totaling almost $3K. Worse is old unpaid fines put property in tax sale. ...
Adam Craig
Review my first letter of intent for commercial property
I am getting ready to send my first LOI for a commercial off building asking 275K. The agent who showed it to me said the attourney selling the buidling would have been interested in seller financed 2 years ago when h...
James Andrews
How do lenders define "habitable" for a property?
I'm under contract to buy a house for $140k, that needs $50k ("high" guess) of repairs, to bring an ARV of $220k ("low" guess). I had a 3y balloon loan lined up for $100k, but the local bank backed out after seeing th...
Richard Rodriguez
Wholesaling a Gas Station...
Hey everyone,
Not sure if you have heard of this being done before, I have. I had a possible oppertunity to do the same. However I am not sure how wholesaling a gas station would be different than a house, be...
Brandon Smith
How to Charge for Utilities
Hi all,
I am renting out two rooms in my home and wondering how to split the utilities. The easiest way seems to be a flat $100 fee for both tenants per month. The other way, would be to split the utilities...
Nichole Catalano-Miller
Residential Flip next to old dry cleaners?
Hey Folks,Looking at an otherwise solid REO buy (for flip) on what appears to be a corner lot- come to find out the yard "on the corner" is a parcel owned by the next door neighbor and is "possibly contaminated"... fo...
Jerron Horn
Proper questions to ask a motivated seller.
Hello Bp, I am a newbie to real estate investing. I have put forth some marketing efforts and received my first calls. What is the most important information to get from a motivated seller to help get a great deal und...
Austin Bayard
Welcome BP! Greetings from Austin in Louisiana
How it going everyone? My names is Austin, i'm 21 years old living in Lafayette, Louisiana. All through life I never knew what I was going to be when I got older, and my answer was that " I will be wealthy and happy."...
Sam Leon
Bagworms and Lizards
Down here in South Florida we don't seem to be bothered too much by them.But I have a northerner who's a new tenant and she gets freaked out by them.She considers outside lizards a "pest". This is South Florida! Liz...
Luka Milicevic
2018 International residential code
Question to all my fellow builders, and developers out there suffering through lumber shortages.Nashville recently adopted the 2018 IBC and IRC. Side note: I just passed my contractors exam a few weeks ago on the 2012...