Jeremy Cohen
Alternative Methods of Contacting Cash Buyers
Hey BP,Is there any other method of finding Cash Buyers info other than direct mail?I've discovered a plethora of leads via foreclosures & probates & was wondering if there is any other alternative to find the...
Corey Dutton
R.E. Investor Hesitates to Back Out of Deal to Save Sunk Costs
There’s a term in business and investing known as a, “sunk cost.” When entering into a real estate acquisition, an example of a sunk cost could be money spent on inspections or on other due diligence, time spent in an...
Geren Knight III
Cover or Leave Paneling
I am in the process of purchasing a duplex rental that is currently covered with paneling in every room. Is it more advisable to remove the paneling, paint it or skim coat it with drywall compound? The paneling has ...
Eddy Amozigh
New BP member from France
Hello Biggerpockets’ community!
My name is Eddy, and I moved to the U.S. 3 years ago knowing only a few words of English. I was working in a local organic produce store in Paris, France, probably destined for a long,...
Jay Garrison
Seller offered to make repairs himself
Hello,After having a two flat here in Chicago inspected, I discovered that it would need a new roof. I asked the seller (a contractor) to come cover the closing costs, which would be about the cost of a new roof. His ...
Milos N.
Basic depreciation understanding self check
Hello gurus,I am trying to teach my self how does this all work. please let me know if my understanding is off.Yes, I know I should hire a professional, but I like to understand things my self.Facts: property bought i...
Heshel Mangel
Seller did not disclose HOA fees
I am under contract on a home, where the seller did not disclose any HOA fees (claimed there was none), and now in the appraisal report obtained from the bank, I see there is HOA dues. It is not much, but still comes ...
Jered Lafuze
Just bought a house and i found electrical issues not to code
Hello everyone,
I have some friends that just bought a house in San Diego and they had me over to give some electrical advice. As I looked in the attic, the house is clearly a flip. There are multiple code violations...
John C.
Offer--repair contingency only if cost exceeds a certain limit
I'm a new investor in Virginia interested in single-family rentals.I would like to make an offer with an inspection contingency triggered if repairs exceed a certain amount. For example, the contingency occurs when r...
Kayela Sartain
Septic issue with a VA loan
We just bought a home in Mantachie using a VA loan. The home we bought is a 4 bed/ 3 bath, 2557 sq ft, on an acre. We just discovered that we have no septic tank and our sewage is running out on the neighbors property...