Timothy Doenges
Help! Hidden Health Dept Condemned sign!
I was just shown a property near me, low entry price. Owner had his relative come open the property and stood by the door whole time I was inside. GC and I decided repairs were more than the property would resell at a...
Sriram Kumar Bikkina
Bought a home without basement and wondering if it is good?
Hi All,I won an offer to a home without basement and am wondering if I missed anything here. This is in Kingston and my realtor is very good and trustable and he did not warn me anything about homes that don't have a ...
Adam Leech
Pigtown, how would you go about it?
Hey guys,I'm fairly new to REI (one property rented to family, looking for another) and I want to get the hang of the analysis. I come from the financial field (used to trade stocks) so enjoy number crunching.I went b...
Dong Yan
how to handle the existing tenants
in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...
Michael Wentzel
tracking expenses for each property vs portfolio?
Hello everyone,If you have a portfolio of single-family properties, do you always have to track the income and expenses by property?I'm pulling together my numbers for my partnership tax return and it is a pain. We ha...
Shadonna N.
Calling the experts for advice on a sale, potential note
Experts,
Here is the scenario:
Property Location: DC
Tenant has been in place for 8 years. Not elderly or disabled. Wants to but the property.
Owner wants to sell
Option 1
Tenant purchases property. If there ...
Eric NA
Possible deal - could be fishy
[i]Flip this house and we both win... I own the house outright no mortgage, but the house needs work and I don't have the money right now to do it. If you're a handyman and would like to make some money this is the de...
Brandon Turner
Good Deal with Asbestos Siding? Anyone have Experience with the Costs of Removing/Covering it?
I'm looking at property (for a potential flip) that has asbestos siding. I'm wondering, should I:
1.) Cover with Hardi and have to disclose it (would that scare buyers?)
2.) Remove it (using a certified contractor)...
Sandy Uhlmann
Perfecting the title
Was curious to find out if it is worth trying to contact the previous owner of a property lost in a tax lien sale in order to try to entice the previous owner to sign the deed over vs paying an attorney for a quiet ti...
John Andrews
Submitting an offer to a Buy Owner sellor
So I've been through the ringer this past week...looking at a few houses here in South Florida. I'll tell you what... I give credit to all of you real estate investors out there with cash on hand to buy property. With...