Advice for how to proceed for an investor new to Baltimore City and the property has termites? Walk away? Ask seller to pay for some kind of warranty against re-investation? Thanks for any and all suggestions and stor...
Hi BP Community,My wife and i currently own a co op (which we use to live in) but currently vacant. We are in the process of subletting out the co op for rental income. There may come a time where i need to sell the...
I made an offer on an REO (bank never responded, so we were planning to resubmit) and then the agent discovered an inspection report that shows evidence of termites.
Has anyone here ever just lowered their offer amou...
I have a situation I have been trying to research to make sure that I am doing everything correctly, since this is my first rental property and I am brand new. I own a duplex and live in one side and rent out the othe...
I am a rehabber in Northeast Louisiana and I just finished remodeling a home that would be an ideal sober living home. It’s a beautiful 4 bedroom/3bath home that sits on a lake in a quiet neighborhood. I’m looking f...
Hi all,Not sure if correct forum but my question is this, I currently live in PA and plan on working my current job for about 5-6 more years. I've got 1 property (inherited) in Missouri being rented and want to inves...
I'm under contract for a fully occupied multifamily property in Chicago. I'm just learning that all the units have bed bugs. I have never dealt with bed bug before. How big of a problem is this. This is a 5 unit prope...
If an unmarried couple wants to buy or build a fourplex, should both of them be on the deed? Who would be allowed to claim the rental income? Let's say one spouse works and earns money, and the other spouse doesn't wo...
I cant get rid of the smell in one of my flips. It was full of dog feces and urine, mouse feces and urine, and fly feces . There are little brown spots of fly poop on everything from the walls to light fixtures to w...
I have read about 1031 ( 1031b ) and am still uncertain as to how the property you sell is taxed and how to ( if you can ) defer from paying taxes on the profit you make, from the sale
I am looking to finally...