Account Closed
Renters insurance company denied claim
The property has a unfinished basement made of 100 year old concrete. In Vancouver WA you may know or suspect that we get a fair amount of rain. Well she left all the windows closed so the added moisture from the rain...
Account Closed
Difference between owners and short sales...
I don't know if this is a starting out question and hope it's not obvious be ause I'm excited to ask my first pointed question on this great forum. Here goes:
I have a line on a few properties that are in trouble and...
Daniel Bogart
Seller didn't made off with prepaid rents, now what?
Hi BP,
A few weeks ago a few partners and I closed on a 10 unit apartment complex. It wasn't until our property manager collected the first month of rent that he had tenants in two units tell him that they had prepai...
Chris Tarashuk
Exit Strategy For Wholesale
As someone with very little capital to work with I am looking at getting into wholesaling to build a base to start my rental portfolio. My biggest worry is getting a house under contract and not being able to find a ...
Randy Lehman
Best Flooring on Stairs in 2.5 story Apartment Building
I have a 2.5 story apartment building in Minnesota. Working on renovating the units to higher end. Currently the two main stairwells are carpeted and the back stairwell is linoleum.The building was built as two separa...
Sean Tracey
Do any of you calculate opportunity cost of cash reserves?
Hi All, Do any of you calculate the opportunity cost of the cash reserves you need in order to be prepared for repairs and capital expenditures on your investment properties? For example, the opportunity cost of not i...
Cindy Konopasek
FHA Loan Eligibility
I currently am a co-borrower with my daughter on an owner-occupied property utilizing an FHA mortgage. I am looking to purchase a second owner-occupied property as a co-owner with my other child. Is this a feasibl...
Konstantin Klitenik
How to properly fix this window gap?
I recently bought a condo and found this relatively large gap in the window (0.425"). This should be covered by the builders warranty but I want to make sure that the developer doesn't do a hack job in an effort to sa...
Jason Lavender
Wholesalers, what’s working and what’s not?
Given general market turmoil and uncertainty, shifts are taking place. Opportunities will abound for wholesalers that pivot and adjust. What changes are you making, and how are you adjusting medium and long term goals?
Chase Farley
Closing Day, Month-to-Month Renewal
Hello BP,We are closing on our first house today, a triplex in Vermont. One of the tenants was designated to leave in January, but due to her house not being ready she has to stay until it's completed, and they believ...