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hi, I'm new for the rental property business, starting with turnkey with REI as a baby step based on some information here, however, the property is under contract (with > 100K flip cost) in OK, and then there is l...
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I entered into a partial 1031 exchange in 2023. Sold a rental with ~$260K adjusted basis for $615K. Received cash of $480K which went directly to QI and accepted seller financing for the remainder $135K (note did not ...
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Just moved into a brand new really nice place. It’s been 45days now. I’m paying $5,000 a month here in Bend, Oregon. The unit was supposed to have an over when I moved in but it is backordered according to the propert...
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Yes, the Toledo city council passed a new lead paint ordinance which will take effect in 365 days. This is not the end but only the beginning of the new ordinance which applies to rental SFH, 1-4 units and day cares a...
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I bought three 8-unit buildings in November. Inspection revealed that one building had a cockroach problem that seemed fairly isolated to one unit where the tenant was really dirty. Other tenants complained about se...
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I been looking at a lot of property. Every vacant bank owned house I have looked at has some mold. With no heat or AC running it's very warm and moist inside these houses. This can't be a new thing and I'm sure all ex...
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Here is my situation hoping folks on here can help provide thoughts:I own a 3 family home in New Jersey. I occupy 1 unit and advertised the other 2 for rent with a "no pet" policy. Prospective tenant informed me that ...
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So the title might be a little extreme, but this is our first go at this and aren't sure. We are supposed to close on our first flip tomorrow! It is a townhouse we bought at the courthouse and luckily the rehab was j...
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I own a property in Pinal County, Arizona which has a well with water tested at 0.028 mg/L (28 PPB) arsenic. I have just built four manufactured homes which will be sharing water from the well. I believe more than 5...
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Just found out during a brief inspection a home we put a offer in for has termites. Nice duplex but very disheartening. If me and my wife go through with everything it would be our 1st home. We just aren't sure what t...