All mighty BP experts,Under what circumstances, would a Buyer lose his earnest money if a transaction fails? Thanks in advance.Background:I'm in the middle of negotiation. Seller is asking for serious earnest money ...
I've been in discussions with a seller about their abandoned property with bad foundation and missing kitchen, which is certainly a property in bad shape. They don't want to have the property restored. It has an asse...
Hello BP community! I wanted to gather as much information as I could with taking on tenants when purchasing a rental property. I know it can be a nightmare with some and super smooth with others. I was curious on wha...
Hi Everyone!I am closing on a property next month that I plan to rent as an Airbnb. Looking for any tips from other Airbnb hosts about what technology is essential vs just nice to have. What has made your life easier?...
Hi All,This may be a newbie question, but what tools would you consider "must haves" when planning to do at least some rehab work yourself on properties. Think painting, some flooring, replacing vanities/toilets, putt...
If you're like me, you like a good deal. It's probably why you're on BP in the first place..hoping to learn, grow and gain an edge in your investment portfolio. My urge to find or create success is a bit more adventur...
The issue of HOA Transfer Fees is a nationwide practice to be questioned.If you closed on a home in an HOA you most likely noticed a few line items that are, well, just there. Ask for an explanation of the fee and yo...
I had 4 different roofing companies assess the roof of my long term rental. All but 3 have recommended replacing the roof completely. It already has 2 layers of shingles, needs a cricket for the add-on chimney, new pi...
Doing my taxes now. Have about 9 K-1s as an LP in syndications. I am able to put in all the info in the numbered Boxes, and at the very end, it asks me if there is a "Z code" in Box 20 (the first two syndications I ...
I’ve recently gotten my agent’s license and have been reviewing MLS data with an eye toward picking up good flip properties. For those of you that use the MLS for this purpose, I was hoping that you would share some ...