Logan Jones
Home equity lines of credit
Does anyone know, or have any experience with obtaining a HELOC on a primary residence and then moving shortly afterward? The Credit Unions I have spoke with offer lines of credit for primary residences only. What wou...
Francisco Feliz
My Sister Has a Problem with her Landlord, help!
Hey BP,So, my sister seems to have encountered one of those landlords that @Joshua Dorkin always talks about giving everyone else in this business bad names. She is a college student in Alfred, NY (upstate) and her of...
Sean Mills
Rental Properties at the Centre of new CRA tactic
https://www.cbc.ca/news/politics/tax-evasion-proce...For those Canadian investors on here the CRA is now using a new tactic to go after tax evasion. The case mentioned is specific to rental properties owned within a ...
Jean Smith
Inspection - Well/Septic/Chimney
I won the HUD auction. Thank you Bigger Pockets! And now I'm gearing up for the inspection. I'm in the Northeast so the weather is an issue. The house has been winterized by HUD so the well, toilets, septic, electric,...
Zana Blue
Appraiser wants the water on
I had the water on for the inspection and appraisal period and had it turned off after that time. I did this because I had a vacant house with burst pipes and the damage was over $22,000 so now water is off in vacant...
Peter Szilagyi
HELOC or Home Equity Loan
Currently have about $200k-$300k of equity that I am looking to tap into, but not sure if I should go HELOC or Home Equity Loan (5% for 20 years fixed). I don't have a property ready to go, but would use about 25% to...
Dianna Roberts
Frozen Pipes- Tenant without water
Hello,We own a multi unit building in Chicago and the temperature dropped over the weekend. This has caused some pipes in the basement to freeze and burst. Issue: tenant in basement unit is without water. We are activ...
Ray Os
Homeowner Insurance claim premium increase questions
Hi everyone, the hot tub in our primary residence froze and pipe burst, manufacturer came to check it and said it is beyond fixing. He also said my homeowner insurance will cover for it if I call them. I have 2 questi...
Ray Trounday
Retail property analysis
All, I am looking for some guidance on market evaluation of a retail space in Santa Cruz County. The property is currently operated as a Foster Freeze and is generating $3200/mo or $38,400 annually in rent. The tena...
Jonathan G.
Seller wants to shut off utilities, still have not closed...
I just got a call from my realtor letting me know that the listing agent is asking if we need the utilities on anymore. They would like to shut down the utilities since inspection is done and she is saying that they ...