Hi everyone.I am dealing with a situation here.I made an offer, the owner likes the offer.As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.It is taking weeks ...

Hello all!

I purchased my first flip house on Monday and as a new real estate investor, I would like to get some experienced rehabber's opinions on the threat of asbestos. I searched BP for asbestos-related forums b...

A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...

Stumbled upon this on Zillow. Is this black mold? Is this something any flipper would bother with? No inside inspections allowed. Price about 10K. It is in a large (not huge) city 3 minutes walk to major University. G...

Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this? 
My main qu...

Ok, I am puzzled about the Chinese Drywall problem, issue or hazard....I just discovered the subject as the topic of several posts....  I had not heard of Chinese Drywall until today so far as I can remember.  The rea...

I Bought a slab foundation house in Oakland county Michigan, a month after close discovered mold and water damage in kitchen & bathroom. House value is about $150000 and mortgage is for $140000, doubt a investor w...

Complaints about lack of heating and cooling in upstairs new townhouse. Buying a 6 month old townhouse. How can this be remedied?Putting ducts in the ceiling seems stupid to me but apparently common practice these day...

Are there any Chicago landlords out there familiar with smoke detector code in Illinois/Chicago?  My understanding is that all smoke detectors need to be hardwired near each bedroom.  I just bought a building and, for...

For any potential home buyer, a general inspection is of course a must. But upon doing some research, I see that some recommend doing more detailed inspections before closing such as: termite, radon, plumbing, ro...