Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...
First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...
Hello Fellow Well Endowed Pocket Havers,Background: Recently purchased a single family home in Philadelphia as an investment hold property in cash. Decided after buying the house it would be worth selling due to comps...
Hello BP, I just got below email. I'm n last 7 months Tenant paid the late fees 3 times! BTW late fee is $75/-"HelloI will be paying my rent Friday 5/5 with late fee attached I paid my sons last cancer treatment so I ...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
I am looking at buying a condo. I am 100% behind buying it based on the walkthrough/numbers, but I just found out it is currently being treated for roaches. Even if the exterminator treats the property for roaches, ca...
Hey guys, This is my first post on BP. I am a new investor in Mississippi and am in the process of the closing my second deal. During the inspection period we discovered termite damage in two of the rooms. My contrac...
Hello everyone- My current tenant’s lease is up soon and she is wanting to renew for another year. The only advantage of extending the lease is the tenant has paid on time every month. In fact, she pays early. As a pr...
All:I did my first flip earlier this year for proof of concept. 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor) . I am finishing my second one, which is going to be about 80k all-in, ex...