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Results (3999)
Adam Demchik House had mold..was cleaned with bleach and primed with Kilz...is this good enough?
10 December 2013 | 9 replies

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...

JJ O. [1031 exchange into TIC] Cost basis and Depreciation
13 April 2021 | 5 replies

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...

Brett Benjamin Best way to handle a house/land split & flip?
26 October 2014 | 4 replies

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 ...

Sam Cummings Real Estate Investment Vs. Inventory
2 February 2016 | 3 replies

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...

Sai T. Should I waive the late fee
19 April 2018 | 13 replies

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 ...

Scott M. Tax Implications of 6+ Land Contracts
22 July 2009 | 13 replies

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...

Jack Reed Durand Dangers of roaches in multi unit?
7 November 2019 | 7 replies

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...

Story Moller Termites: Deal-killer or not?
19 March 2019 | 7 replies

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...

Vanessa S. Keep Current Tenant or Find New One?
16 January 2022 | 5 replies

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...

Robert Campbell Who do I call, RE Attorney? CPA?
19 June 2017 | 4 replies

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...