Hello, first time poster here. I recently purchased a property that had suffered from a fire in December of 2015 in Killeen, Texas. The property has been vacant and almost entirely untouched until January when I purch...
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When buying a small multi family, what should your due diligence include?2 months ago I bought what seemed like a legal 3-family, is registered with the assessor's office as a 3-family, yet now the fire marshal declar...
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My wife and I are currently under contract for our first rental property. The property is from the 1930s - two structures on one parcel of land. It has been completely renovated on the interior by previous owners (fli...
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In Contract to purchase a Multi-Family Property at just under a million. Just had the roof of building and parking structure inspected, $104,000 replacement cost. Condition of building roof is worn and fair to bad. ...
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I have a rent control duplex that is about to be empty in both units and I’m trying to decide whether to rehab it and re-rent it or do a 1031 exchange. The duplex is almost 100 years old with lots of deferred maintena...
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Hey everyone! I'm researching some Baltimore properties that have been rehabbed and permits pulled. My question is, how do I determine if actually passed the inspections? I don't see a prior Vacant Building Notice so ...
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Hello all! I'm new to BP.com, but have been listening to the podcast for a couple of months now and I’m looking forward to participating in the forumsI've recently come across a property that I'm analyzing for a poten...
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Dear fellow investors:I received a $700 bill from my property management to treat a bed bug infestation in a small duplex.Can I hold the renters responsible for this bill - or at least part of it?I've owned the buildi...
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In another thread I mentioned one of my hard money loans was going to default. It did, and my business partner and I have now taken back the house deed-in-lieu.
The place has some cosmetic issues. Its total white...
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This is a copy of an email I sent to a beginning real estate investor last week. It’s just some random thoughts on real estate investment based on my 35 years in the business. During that time we have purchased over...