Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Tinah Canda
Purchasing property with uncertain lead status
Hi BP community, my name is Tinah - a brand new real estate investor and I am in a bit of pickle - need guidance.I signed a P&S agreement on a property and later realized that by law the lead disclosure on lease d...
Raymond Hill
Knob and Tube Wiring on 3 Unit Properties
Hello BP Family,
I just got a home inspection for a 3 family property and found a few items that I want your advice on a property I just had a home inspection on in Woonsocket, RI.
1.) The seller was told that there...
Warren Straley
23 unit multifamily deal
Was hoping to get a little advice on this potential deal. 23 unit single building three stories with rear parking, and a small two car detached garage the is rented to two of the tenants.12 one bedroom ($325.00) and 1...
Zain B.
Contractor taking me for a ride. Need help from exp Investor ASAP
I need some advice dealing with a contractor. I have started renovation on my Maryland property and I hired a contractor. We mutually agreed for him to charge $11,500 for his labor. I would provide all materials a...
Peter Nikic
Seller increasing asking price by 8%, calls it CPI
Wondering if anyone ran across something like this and how best to tackle it? I had an agreement to purchase a multi family property last year but wasn't able to for certain reasons. Now I'm ready, but seller has adde...
Westin Hudnall
Using 401 K money to pay off my primary mortgage - Good or bad idea ?
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Brook W.
Foundation Problems 101 -- Buying a Place With a Foundation Problem
I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...
Will Reed
Questions on "Subject To" Transfer
I have a few questions regarding subject to transfers. How likely is the Due on Sale Clause to be triggered? Some things make it seem like that never happens or extremely rare. And if it is triggered what happens?
Kyle Soudalan
How much does eviction law vary across cities/counties/states?
I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...