I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future....
Hello BP,I've been following BP for information on how to obtain my first rental property and I couldn't be any closer. As a current tenant myself, I understand the nuisances that come from the property and sometimes ...
I have a tenant who just re-signed for their 3rd year. They have been great, paying on time and never had any issues other than some small HOA compliance (letting weeds grow). I had visited their parents house when si...
I am close to going into contract for the sale of my property. Is it required or desirable to include a 1031 cooperation clause or any other language regarding my intent to sell this property as part of a 1031 exchang...
Has anyone ever dealt with these horrible things? I've tried the boric acid,borax, foggers,sprays, even professionals have come twice but I fear they will come back. Should I just keep doing follow ups with pest cont...
Hi all,
Okay, so I just took position of a property and the previous owners smoked inside for years. Everything is yellow. I’ve gutted the house and painted two coats of kilz, the house still smells really bad. It’s b...
So I have a property in contract and let me tell you,,,,,, this has been the most stressful thing I have ever encountered in my life !!!!!!!! anyhow, my agent proposed this property to me purchase price $185k arv $370...
Any tips on what to look for? We're looking at houses and my boyfriend has experience in construction but not termite inspection per se. We are only looking for ourselves- not doing an inspection for anyone else.
Is ...
Buying property as an investment far from where you live may seem like more trouble than its worth for many reasons. One of the most concerning factors is the question of how you can protect yourself from lawsuits ste...
Hello,I was hoping to get some insight into this situation I am currently working on. I bought a property, whole sale, no inspection, etc. I know, I should have had one but I knew going into it that it needed a lot ...