Hi BP, I will try to keep this long story super concise:My Grandparents passed away last Dec. leaving their waterfront property in the fingerlakes to my mother. The property is a 3 bed 2 bath 2 story plus basement. th...
This year I sold an older SFH rental (built 1979) I had with no deferred maintenance in Plano TX in order to 1031 exchange it for a similar sized new SFH rental in Melissa TX (built 2021). All cash buy. The older prop...
Hello, I'm looking to reduce my offer after the home inspection. How do I go about getting estimates for repairs when I'm not the owner of the house? I want to offer estimates proof to justify my reduced offers. Such...
I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?
Schitty situation. We just purchased a property to brrr. Last week the neighbor up the hill had a clogged toilet and had the rotorooter guys come out. When they cleared their drain our basement immediately filled up w...
What are the risks of hiring a contractor who is not insured?
I bought the J Scott book on flipping houses several days ago and have been reading it whenever I can and I think its GREAT! Now, I've been investing in RE to some extent since 1999, when I bought my first duplex a...
I have my ducks in a row and I'm ready to start putting 'we buy houses' ads out online, mail campaign, fliers, and signs. My biggest 'what if' right now is I know when I put out the I buy ads, the majority (I'm guess...
We're putting a cash offer in on a property. It's a property that needs some work and we'll be living in it and then doing a cash out refinance to purchase another investment property. It has a septic system and has b...
I have an issue with a tenant repetitively clogging the sewer, and requiring a plumber to unclog each time. The first two times I hired the plumber and covered the costs. The plumber believes it is an issue with use -...