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I have an inspection tomorrow on what is hopefully the first rental of my RE investing career. For my fellow BP members, what are some things that if discovered during an inspection, you can't overlook?
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I had a house under contract that I just pulled out of. I was going to use a 203k loan.I want to share my story, because what ive learned in two weeks is pretty remarkable. I could have never learned all this stuff un...
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I have purchased a property with a house on it that won't be able to be rehab'd because of the extensive termite damage and wood rot. The house is about 900 Sq Ft. I have a tear down quote for $8000 that includes pe...
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I am in NC and been facing a delima and conflicting information. Me and my wife have several investment properties in our personal names. "I" myself am incorporated in NC as an LLC properies management. My wife is not...
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Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
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Hello BP fam,
This is part success story / part seeking advice. And 100% complicated but that's real estate for ya.
I'm from southern Maine, living in southern Cali for the past 8 years. About 5 years ago, every ti...
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I have an odd scenario and hope to have a few different pieces of advice and the direction I should take. Two weeks ago water was getting into the ground unit of my 3 flat and I happen to live in this unit. It was und...
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I'll state a bunch of facts and then ask my questions:- Tenant lives on the 2nd floor of a 3 floor house that is a legal duplex- My father occupies the 3rd-floor space of the duplex, which is basically an efficiency...
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Before people start parroting "manufactured homes lose value, traditional homes appreciate" hear me out.
1.) Modular homes are becoming more and more popular. These are "manufactured" if you will. However as of now t...
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How does a flipper make a profit (It's not what you think)Rehabs lose money? Discount at the time of the purchase is what makes money.