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...
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...
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 ...
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?...
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...
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...
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...
SHOOT ME STRAIGHT. NO bs. Thanks
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...
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...