Purchased a 2500 sq duplex close to Dayton, Ohio. It has a shingle roof. About 3 layers. Roof seems to be in its last days and causing some moisture intrusion. I got quoted by one roofer for $6000 to tear off the shin...
I've made offers on several short sales in the past but never actually bought one.
I've been told to put language in the contract to the effect of "property will be delivered vacant and all of owner/occupants' or ten...
Hello All! My wife and I made the wonderful decision to rent out her 3 bedroom townhouse. Originally in attempting to relocate my wife to the Fort Bragg, NC area where I am currently stationed. We ultimately decided t...
I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH. In this post I'll share some insights based on my findings and some data to showcase why this market is a ...
I just received notice from my realtor that my buyers from my first flip in Burien, Washington (SW Seattle area) pulled out of the contract because it failed inspection.Two reasons:- Roof needs to be completely remove...
Hello BP Community! I'm new to the game of real estate investing and I'm doing my best to dig deep into the resources available here to make sure I start off on the right foot! The BRRRR strategy appeals to me in the ...
Hi,
This might be a very basic question. I live in Los Angeles, California and have an investment property in Texas. If I were to start an LLC, do I have to have an address in Texas? Or can I use an address in Calif...
Hey BP! Got the inspection back. Do you think it is important in the Mid-West, Chicago to be specific, to ask for the fact roof to be coated in aluminum to protect from UV Rays? How much longer of a life span will I g...
I am currently a week from closing on a fourplex. Last week we had the inspection and some issues were brought up concerning the roof. This is a flat membrane rubber roof. I just had a contractor out to bid on the roo...
I'm looking to save money on property insurance and wanted to run an idea past the community. My wife and I own an owner occupied duplex, another duplex, and are closing on an additional triplex. I'd like to move the ...