Osazee Edebiri
Show Pre- Rehab or not?
4 unit property in Oakland with two units that are vacant and rehab will be starting next week. Normally I would wait to show ready units, but I know leasing ability typically tends to be less as we get out of the sum...
Jeff Wilson
Tax guy is saying I can't claim a property I held more than a year as capital gains
Instead he is saying I need to claim it has self employment income since it was not a "one time only situation". This is a fix and flip that I loaned money to. I have performed 3 other fix and flips and am continuin...
Nancy Nakamura
Fix and Flip Burleson, Texas
Investment Info:
Single-family residence fix & flip investment in Burleson.
We invested in our first flip in June 2020 and it took us 3 months to complete. My awesome husband owns a custom cabinet busin...
Mike Dymski
inspections for apartment complex
When I purchased a 25 unit complex, I did not have a good solution for the property inspection (spoke with a bunch of brokers and inspectors). My options were (1) $50/door from a company that I felt was going to use ...
Dawn Hooser
100 yr flood zone, County says home uninhabitable not grandfather
Has has anyone ever experienced a County stating that a home is not habitable because it is not grandfathered in to the hundred year flood zone? The County is saying the home was built illegally even though it has had...
Mike Gordon
Tenant is picky about minor issues
In one of my rentals I have a tenant who's often picky about minor issues. The tenant is mostly a good tenant and I make an effort to fix major issues quickly. However the tenant will often bring up minor issues or is...
Kevin Grasse
Risk Tolerance for Foundation Settlement: Villa Park-Denver, CO
Hi all,I'm under contract to purchase my first house hack and going through due diligence. The property is in the Villa Park neighborhood of Denver's West side, built in the 1960s. The home inspector pointed out a few...
Karthikeyan S.
How to negotiate when there are findings in inspection?
Inspection report says :The shingles appear to be nearing the end of their serviceable life.Sealing of all roof penetrations is recommended.Is this a major item and should I negotiate on price or request the seller to...
Chris Shipman
What's wrong with this plan?
I have just joined BP and I am trying to get all my ideas out there and let people who have more experience than me (which is none, so shouldn't be hard) tell me why it is a terrible idea before I make the mistake... ...
Riz Ahmad
Is inspection contingency a turnoff for sellers
Has anyone ever run into an issue where the inspection contingency has caused their cash offer not to be accepted.
Is this a very big turn off for sellers to pick a different offer.
Recently came across a situa...