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Two years ago I purchase my biggest mistake. It's a 1950's ranch home that blew my rehab budget out of the water. Lots of lessons learned here.I'm a buy-and-hold landlord, and I'm still ironing out the kinks with th...
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Complete newbie, under contract for my first property and the home inspection is showing some things that seem to be concerning for me. Hoping for some guidance on whether these things are as big of a deal as the seem...
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It’s 105 degrees and dry, dry, dry in Houston, Texas. One of my tenants called to say the A/C was not keeping up. It was 81 degrees in the house with the A/C running 24/7. This is an older home built in 78’ so th...
Hi everyone,
How do I find out a properties legit SF. I have possible prospects that I believe are lying dramatically about the SF of their homes in order to get a better deal. How can I find out the actually...
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I am planning on saving enough money to put 20% on a down payment on a four Plex in LA I’m starting to wonder if it’s doable. I want to live for free and try house hacking but I wonder if LA is a market where that is ...
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Hi All,I'm looking at a house that has a block foundation. It's an older home, 1930's, and the block looks in rough shape (probably just from being old). However, there are noticeable cracks and there has been water l...
My mom has a small 2 bedroom, 1 bath (approx 900 sq ft) in an older neighborhood in Boise, ID. The location is good (near downtown, the university, parks, etc.), but the house is a mess: no foundation/crawlspace, need...
I am ready to make a move on my first commercial real estate purchase and I'm hoping this post will give me some peace of mind. To give you some background, I have an insurance business located in Southwest Louisiana ...
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I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
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Hi BPers,We have a house that was built in 1984 in Texas. The tenant claims that the AC cannot cool down below 78 F. The outside temperature was around 100 F when they claim this. The AC is running all the time. The A...