Ryan Bird
Seller disclosure for roof leaks
Have a question on something mentioned in sellers disclosure on the contract. In the disclosure section, seller mentioned that “they are aware of leaks or material defects in the roofs, ceilings or chimney”. In the ad...
Jeremy Beland
Worst property we worked on to-date
One of the worst conditions we've bought properties in recently.
The seller’s sister reached out to us, desperate for help. The owner had been living in these conditions for a long time due to mental health issues.
...
David Floyd
Early termination of lease
I have a tenant that has been submitting maintenance requests nonstop since they moved in. He now is complaining that duct system smells of mold and is affecting his health. I had several AC contractors out to look ...
Lei Z.
What happens after I reach my FIRE goals?
Hello BP family!
While evaluating real estate investment as a strategy that will get me closer to my FIRE (Financial Independence, Retire Early) goals, I can’t help looking a little beyond the near future and what my...
Neil Narayan
Why Today's Housing Market Won't Turn into 2008's
Those with an eye on recent history can't be blamed for thinking current market conditions are nearing their endgame, with rapid price appreciation and fierce competition for homes eerily reminiscent of the late stage...
Debbie Richards
What to do - business partner can't qualify for Life Insurance
What other strategies are there when your business partner can't qualify for life Insurance? We have an operating agreement and a buy and sell doc. This is a new partnership and not much equity in our 2 properties to ...
John Smith
Need help! Recently bought a home that's in terrible condition.
Hi BP,
Earlier this year, I purchased a home where one of the units was vacant during inspection. After closing, my property manager took over and mentioned that there were several squatters and homeless people livin...
Shadrick Davis
Should I sue for earnest money?
I accepted an offer, from among 3 competing offers, for a single family house in Indianapolis. Part of the reason I accepted the offer was because it included an "as-is" addendum. The buyer is now trying to back out...
Logan Loughmiller
Property inspection - Advised against lead/asbestos test?
I'm in contract (in Oregon) on a house that was built in 1950 and have been advised by another local investor to NOT get a lead and asbestos inspection. That due to the age, you should just assume leads in there and p...
Account Closed
toxic houses
I'm chemically sensitive, and belong to MCS fora. This, with permission to forward, was posted in one of them on Sunday.
If it doesn't belong here, please put it in the proper place.
"Another downside of that housin...