Jeremy Swanson
Post Inspection Negotiations.
Hey BP community! First let me say that you guys/gals have been a humongous resource in helping me through my RE journey. I appreciate the feedback I have received on the few posts I have made concerning this specific...
Chris Johansen
JV best structure
I am investing with a builder to build SFH as spec homes and sell them. Traditionally I have sold the builder land and loaned him the money to buy the land and build the house with us splitting up the profits when it...
Dennis Tierney
Smoker started a fire
3 am Sunday a tenant smoking on the apartment porch carelessly discarded a cigarette and started a fire that destroyed the top 4 units in a 24 unit building. Fortunatley no one was hurt and the firemen saved the rest ...
Alan Kahanu
WHAT WOULD YOU DO - Seller and Inspector Can't find Crawl Space
Hey BP,Not sure if i'm posting this in the right place on BP but I must ask. I have a signed purchase agreement a local investor is selling on contract, a SFH which I plan for long term rental out of state. Upon compl...
Account Closed
Tenant doesn't have electric
Tenant signed a lease beginning this month. We had the electric in our names until today. New tenants told us they switched it into their names, energy company said that the tenant never called. Now the tenants don...
Jared Comeau
Why is Memphis such a competitive market?
So, backstory.
My partners and I decided that Real Estate is the vehicle in which we are going to become financially free. We are from Canada, which, as a foreign investor, presents it's own difficulties and frustra...
Yoann Mamy Randriamihaja
Electric receptacle with reversed neutral/hot wire?
Hello!I have a small electric question.I used a GCFI receptacle tester on one receptacle that displays "hot/neut. reverse". I also checked it with a non-contact voltage tester and the larger blade hole (which should b...
Hobart King
Interesting offer... should I take it or nah?
I am rehabbing a house in a nice area that I purchased for 15k and I have another 3-4K into it to strip it down to studs. Im fairly confident i can rehab the house for 145k which has me all in at 160k (the 3-4K of Dem...
Whitfield Fowler
New to real estate, live in Northern CA, invest in Twin Cities MN
Hey BP community!I grew up in the Minneapolis and went to high school in St. Paul. I still have family and friends there, but I moved to northern California for grad school 15 years ago and currently work and live (re...
Michael Plaks
Another hog slaughtered by the Tax Court - are you the next one?
You know that pigs gets fat while hogs get slaughtered. The Tax Court once again illustrated this cliché in its recent decision in the Harrison v. Commissioner case (T.C. Summary Opinion 2022-6).
Nicole Harrison was ...