Atonya Boone
Possible Deal
Thanks you all for welcoming me ! The seller and I agreed on 15k for the house before it was vandalized. He said that he would still want to make 15k off the house because he put 14k in the house. Initially he said it...
Jessica H.
Is it worth it to update from oil to gas heat?
We have an older home we are going to rehab, it had a new oil furnace put in in 2006; however, with oil not being near as efficient as gas do you think it is worth the money to switch? This is a flip. I am unsure w...
Kyle Kyzer
Building Structure vs Building Systems
Hi All,I got recently received this email from my CPA:"The new [IRS] regulations break apart building property into a 'building structure' and its 'building systems' for the sake of the improvement rules and say that ...
Mark Enriquez
Abandonded residential/commercial property, what to do?
Hello,I'm looking for insight on abandoned property foreclosures and where they fit into investing. I see tons of abandoned property in foreclosures, many of them with 60k or more in equity. My first thoughts are tha...
Nathan Gesner
Haunted house? Hilarious!
Check out this hilarious story about a haunted house maintenance request!https://m.youtube.com/watch?v=5w50pZ339Uk&feature=youtu.be
Ray Jhala
Vacant Property without HVAC - How to keep pipes from freezing
Hey BP!
I've got a property that I am rehabbing and our timeline unfortunately got pushed back into the upcoming winter months. The property is currently vacant and does not have an HVAC system installed. We have a ...
John Lunias
Raise the rent or not in our duplex where we live? North Jersey
Background:
Hi,
I own and live in a two family home where I rent one of the apartments (above mine) out to a small family. The apartment is a renovated 3br, 1 bath in northern NJ with heat and hot water included. Th...
Account Closed
Renovating a "Classic" bathroom for $3k?
Hello, I have a 6x8 bathroom that has that common classic look that probably dates back to the 40s.It's of my opinion this style lowers the perceived value of the house.Do you have suggestions on how I can class this ...
Ryan Miller
Using the RUBS Method
I have a 4 Unit in a suburb just outside of Albany, NY which has one gas/electric meter. We also pay for water/sewer so we hit the trifecta (maybe that's actually a pick 4)! I am now pricing out a utility split but th...
David Smith
How buyer write an oil tank contigency?
The property has underground oil tank, till now, working and providing heat. Will do soil test. But winter is coming. I plan to remove it and replace it with gas heating in next spring. How to protect myself as buy...