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Results (554)
John Smith How to protect my interest in a deal
14 September 2011 | 7 replies

Hi Guys, could you please advise me on the following deal.

I had arranged a short sale on a 4plex from $500 000 to $192 000. The market value is around $250 000. I am using a friend of mines credit for FHA loan. We a...

Kaydn Jensen Cash Out Refi or HELOC?
4 June 2018 | 3 replies

Hey BP,

Thanks to BiggerPockets I have recently made my first purchase. It’s a duplex where according to my numbers I will be able to live for free if the home is on a regular 30 year mortgage. I already have a grea...

Corissa Rogers Bed bugs in main house
25 August 2019 | 6 replies

Hello one of the rental houses has discovered bed bugs in the main house. There is a mother in law house on the same lot towards the back of the property. Do both houses have to be sprayed? The back house was sprayed ...

Keeya WangJones Permits Unknown / Making a Unit Legal
23 December 2016 | 7 replies

Hi BP,
What's your advice on buying a property with a unit on top of the garage that does not have a permit for the construction?

How much trouble am I looking at?

Can I get it permitted and everything be just fine?...

Michael Garofalo Electrical Panel Preventative Maintenance
15 December 2018 | 12 replies

BP Community:I recently received a call from my property management company stating the heat went out in one of my units. After a thorough investigation, the HVAC contractors determined there is nothing wrong with the...

Janani Narayanan Changing a pet to ESA in the middle of tenancy - California
13 April 2020 | 12 replies

I have an applicant who has 3 dogs. They have an ESA letter for 2 of them and their ask is (before signing the lease), to not charge pet deposit and pet fee for the third dog because they will get ESA letter for 3rd d...

Jacob Chaney Did my RE attorney screw me on this deal?
7 June 2014 | 8 replies

I had a 6 unit apartment building under contract in Washington, DC that requires that tenants be given the first right to purchase (referred to locally as TOPA).

The seller contacted me 3 weeks prior to close...

Charlie Moore Do I need permits for cosmetic work? YES OR NO
14 June 2019 | 16 replies

SHOOT ME STRAIGHT. NO bs. Thanks

Manuel Savorelli About to close on first apt, insurance question.
17 October 2016 | 3 replies

Found a 9 plex that cash flows after underwriting it including property management and all expenses.   About to create LLC.  My question is regarding insurance.   At what point will I need to discuss insurance on buil...

Brittany Tompkins Rental Agreement terms; What should be included?
11 January 2022 | 4 replies

We are currently about to sign on new tenants to rent our home and I want to get advice on what additional terms we should add to our lease agreement? I ask this because the couple seems great but verrrrry needy and I...