I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
I spent $1200 on legal fees, and lost 40 days rent. The rental was not pretty when they left, but I can't say it will cost more than $2000 to bring the rental back to the condition I need. The renter left at the end o...
Home is a 3/2 in an A class neighborhood. Split level with no garage. ARV is 117k. Repairs are 30-35k. Needs new carpet, kitchen updated, and roof. do I take the added time or quick buck?
We are considering buying a house, which was listed as-is. The house has a lot of issues and requires a lot of work. Our offer has inspection contingency with void only, given the house was sold as-is. Can we go back ...
Hi All,I have a bit of a situation here and would greatly appreciate any advice on how to proceed. I purchased a rental property back in Spring of this year and decided to replace the roof on it because it's quite obv...
My husband and I purchased our first investment property. We renovated it and found tenants to move in on the first of this month. Today, someone randomly reached out to us and warned us about this tenant. That he is ...
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
Hello all, I am looking for your input on managing this tenant. He is very high maintenance and I am at my limit. I am not perfect, so maybe it's me... Regardless, please feel free to share your constructive feedback....