I am an investor and the house that I like, currently is occupied by a tenant who is taking exceptional care of the premise. It is immaculate and well cared for by the tenants. They are good tenant, and have express...
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I have a small mobile home park with a large water leak that is causing thousands of dollars of bills monthly which started about 3 months ago. The park is on city streets with city water sewer and has two water meter...
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Hello to all:
On purchase contracts " As Is " in Florida, does the seller have to provide" Lead Paint Disclosure" to the buyer if the property is pre 1978 or not? On the contract it says it is mandatory but is it? Eve...
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Hi,I had my offer accepted on a foreclosure. My agent advised that a previous deal fell through for low water pressure in house.Paperwork stated " water pressure fail"Should i be concerned? Is this a dealbreaker?What ...
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I am under contract on a three unit property in Jacksonville, Florida, and my inspection is scheduled for this week.
My lender has requested a copy of the inspection report.
Am I obligated to give them a copy?
I d...
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At what point does the house become a habitability issue with tenants in Texas.I am purchasing a duplex with tenants and found out via inspection that there is an electrical hazard in the house. The house is built in ...
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Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
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I used a hard money loan to purchase a home, rehab, and sell a few years back under an LLC. I later decided to keep the home and refinanced out of the LLC into my personal name using conventional financing. A few mo...
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Hi so I am currently in the process of closing on a home when my lender thought it would be smart to totally never bring up the cost of prepaid items to me before closing on the loan. I know what you are thinking how...
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Hey BP. I have a tenant that is complaining of a broken vanity door and mirror. I had an inspection of the property prior to be buying it 6 months ago and it was fine then. The tenant expects to have me fix the vanity...