I have never bought a property at a courthouse auction but see a condo coming up for auction shortly. The condo is being foreclosed by the condo association. What are the pitfalls of me getting into this transaction...
I found a property for 45K that already has paying tenants. The property has been on the market for over 18 months. There are no pics of the inside of the house only outside. The outside pics look good. I have done th...
In my due diligence period this is my current list -inspector/contractor walk property-get lease terms -Get Schedule E form -Check Public records -Any Liens ? Anything else I should be checking up on or asking for? I ...
I have a duplex in NY which was recently inspected by the Health Dept. Although they didn't find lead in the apartments or in the water, they found lead paint on the rear porch which is closed in with storm windows. ...
First a quote:
If you have a corporation for `insurance purposes', i.e. so that you can't be sued, forget it. The courts find it very easy to go after the major shareholder of a corporation where that shareholder is t...
Quick question: Do you all use a MH Scope of Work template that you apply to each property that you repair/rehab (if necessary)? Or do you develop a separate scope of work (or running list of repairs) that you prepa...
We have a LTR in Rochester/Greece NY that is under PM. We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc. Have not cash flowed the property for 2 ye...
Hello Bigger Pockets family,I am looking to purchase my biggest deal yet!24 unit apartment. I never looked into a deal this size. So making sure, I nail it, I wanted to reach out to the community to see what data I sh...
Hi BiggerPockets forum I would like to get some advice on how to invest on a multi family rental building 4- units to start using The FHA program ,I am a good law biding citizen I’m just looking for opportunities.I wo...