Nash Mittelman
STR Nightmare that most investors would probably overlook...
So, I recently helped a client look for a home. It was a super cool single-family property, yet for some reason, the listing hadn't received any offers on offer day. After a closer look into the disclosures, it turns ...
Account Closed
Writing off expenses in tax return
Hello,I have a friend who bought his first duplex and did some bathroom reno. The reno job was done by my referral and the cost is very friendly - like under 5K in Boston. He claimed that he will file the renovation c...
Charles H.
Swimming pool in small multifamily building
Hello,I am looking at a deal that has a swimming pool. Regular size. Not crazy big. 26 units. US Southeast.- What are your thoughts about having a swimming pool in small multifamily buildings?- What are the cost to ma...
Henrik Frank
Is it OK to call seller's (REO) agent direct?
It seems the flow of communication from REOs is extremely slow. The 3 day offer has gone out the window - it typically takes weeks between each correspondance. As a hands-on and pragmatic kind of person, this is diffi...
N/A N/A
security deposit exceeded help?
my sweet innocent tenent never cleaned a thing in 9 months , she stained the carpet , it took 26 passes with a steam cleaner to get the carpet looking like new , she kicked a hole in the wall , these are just a few th...
Tyler Davis
Hands off property management
Hello All!I am looking for a way to make my process of placing a tenant a little less time consuming. Currently I find myself talking to folks that want to come check out the place, then scheduling a time and meeting ...
Lance Queen
Controversial new housing
Anyone ever dealt with negative Facebook post? We are building small homes in a economically challenging area. I posted on my business Facebook page about our property for sale. Someone shared that post to a local gro...
Anil Rathi
lead paint in a rental house
I am renting out a house that was built in 1977 in Texas. I do not know whether lead paint was used. The inspection report did not mention it anywhere (not sure if it is supposed to even mention it). Do I need to do a...
John West
Can I cash out and then rent to own?
Hello BP friends,I am closing on my first investment property in 30 days! I haven't even completed my first deal and I'm already hooked. Hopefully after this first deal is completed, I'll still feel the same way. :-)I...
Mick Pacheco
When agents wholesale mls listing 😬😬😬
I have been flipping houses since 2005 and over the years I've seen plenty of unscrupulous things done by licenced RE agents like listing a 3/2 and it's actually 2/1. Now they try to wholesale mls listings, where does...