Kay Swor
Terminating a contract to purchase a property
Hello everyoneI'm new to investing and unfortunately put a house under contract to purchase. The first comps were from a different neighbor hood (often mistaken as where we were looking, according to the owner) but w...
Ian Anderson
Dealing with Termites in Chicago
Anyone have advice on dealing with Termite issues? My team is looking at a SFR fix and flip that has already been gutted. Our contractor discovered the issue, we requested a quote from an exterminator but he said the ...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Tarcizio Goncalves
Tenant Screening - Background and Credit checks
HI everyone, This might sound like a dumb question but I am going to ask it anyways:I found a potential tenant for my property. Its a mother and three kids. Two are in their early to mid-twenties and the other one jus...
Lori Hunter
Florida Insurance quotes
My husband and I are about to make an offer on a second investment property (our first in Florida) and we requested insurance quotes to help us determine the numbers. This is a multi-unit property with a main 3/2 ...
Pete M.
Pulling comps for Sec 8 rent bumps
All,Have some Sec 8 rentals coming up for renewal in the next few months. Anybody successfully increased the rent through housing? I know we have to provide non-housing rent comps that support an adjusted price and ...
Shannon Trivett
Nightmare tenant - PA
I need to determine the most efficient way to get a tenant to vacate. To summarize, a colleague and friend rented to an unqualified tenant. Lease has expired, LL did send letter of renewal, 6 months, which tenant exe...
Cade Jones-Pearson
Appraisals - HELOC BRRRR
Hey Everyone!My dad and I just finished renovating our first BRRR property in RI. We are all in for 190k which includes the purchase price and all renovations to the home. It’s been completely remodeled with brand new...
Lucy Iburg
Should I turn my duplex into a single family house?
I purchased a 1904 house, and the house is zone as a duplex, the second unit is the attic, so it is way smaller then the rest of the house. the house has 4300 square feetThe house is located in a $1,000.000 plus pric...
Kenley Law
Unreasonable move out charges - California
I recently moved out of my apartment after the 10 month lease expired, in Pleasanton, California. My wife, my roommate and I were the first tenants for this brand new apartment.We were charged: $120 for carpet cleanin...