I was perusing the foreclosure list today & I came across the perfect property: 3 units, 2/1, avg. rental for the area's $800/mo, purchased '99 for $53 k. The house is going to be auctioned Aug 4. I know it's cutt...
In another one of those "how could they possibly think they'll get way with this" frauds: One of our local rocket scientists set upon a scheme where he filed forged QCD's on vacant properties in foreclosure, then ...
Hello, BiggerPockets community!My name is William and I’ve been researching real estate for a while now. The main aspect that interests me (for the time being) is wholesaling.Yes, I understand that every new person cl...
Hi Rehabbers and Builders.We recently had a plumber who disappeared into thin air along with the $1000 installment we had paid him. This was a fellow who was chosen by our GC to do the work. We paid him the first inst...
Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...
I’m about to go into contract with a 3 family home that owner failed to register and get a green card. The owner is giving me a 2500 credit to cover registration and anything to get it up to code. Should I go through?
I haven't bought anything from realpro.com yet.
I did realize the proformas they put together aren't worth the paper it is written on.I am looking into multifamily and the rents are not honest it's just a projection ...
I had a good tenant of mines moved out of state back in November 2019. left my unit absolutely flawless during his departure. very thankful for that because I was able to re-rent that same unit without any upgrades w...
I'd like to make an offer on a property we already toured, but in these uncertain times I'd like an extra layer of protection. I expect that if we get this under contract, it could be weeks before an appraiser or an i...
Hi all,
Are larger 10+ unit multifamilies grandfathered from major code improvements until time of renovation. Renovations such as
Sprinkler systems
Staircase width/ hallway width
Fire doors
Fire egress sized wind...