Lenin Belangonda
buying home with un permitted room addition
Hi, I am buying a home in southern california. This home has a bonus room that was converted into two bedrooms by constructing a wall in the middle with a door. There is no permit and also building codes were not...
Gilbert Nyantakyi
Neighbor wants to sue me because my property is encroaching on hi
Hey BP family, I recently purchased a property in Brooklyn New York. My neighbor recently brought it to my attention that my building is encroaching on his driveway by 6-12 feet. When I was in the process of purchasin...
Robert Zajac
Managing my manager - how to best approach maintenance requests
I need some advice on managing my property manager. Particularly when it comes to maintenance requests.
Some context: I own two small multi families in Cleveland and they are managed by a PM company (B2B property m...
John Hastie
HELOC: Is interest deductible on primary residence?
HiI live in California. I took out a HELOC on my primary residence and used the funds as a deposit on another property which then became my primary residence. The previous primary residence was converted into a renta...
Valeria R.
Vacation home rental
Hello, my husband and I just got our vacation home started early this month. We've listed on Airbnb, VRVO/HomeAway, Flipkey/TripAdvisor and booking.com. so far all we've gotten are Airbnb guests. Which one is better...
Jan B.
Have I been ripped off from wholesaler?
I just closed today on my first flip this morning and gave the closer a check for the full price of the property.County records reflect that the owner is Mr Tom Smith. He is in another city and left the property as i...
Christopher K.
Bank won't lend to LLC, what am I missing?
I was told when talking to guru's that when buying an investment property, to make sure that it is purchased as an LLC and insured as one as well. From my research (NJ), no bank will lend to an LLC (meaning I cannot ...
Orr Kichin
How to rent a big SFH by bedroom ( 3-4 tenants in one house)
Hi everyone,I have SFHs, each rented out the conventional way.Now I own a big house- ~4000 sqft, 4 bedrooms, 2.5 bathrooms, big back yard, 3 space car garage.I want to rent it out by bedrooms: The Master bedroom wit...
Eric F.
Walking door to door, sticky notes, post its, hangers?
Hi all,
I have some mobile home deals but I am now trying to get into single family homes. My plan is to walk around all the neighborhoods where I live to get a feel for them, see which I like/don't like, lo...
Aksel A.
To be a 1st time home-buyer & Investor in Massachusetts 2017
Voila, the direction of this post is summarized in the title. This post is not asking a specific question. Rather, it aims at exposing my current situation which may be familiar to many newcomers.I wasn't too sure whe...