I have a contract to buy a distressed single family house that I plan to rehab and sell. The house is vacant and uninhabitable as is. It sustained water damage from a broken pipe in the kitchen last winter. The insura...

Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...

Hi all. Last week after a heavy downpour in SoCal tenant notified me that there were dripping leaks in two bedrooms. Above these two bedrooms are a sloped roof and a roof top deck. There were two small areas of mildew...

Hello from California! My partner and I gave notice to vacate our rental home on September 21st which makes our lease end on October 21st. We did a walkthrough with our landlord and vacated the premises on October 9th...

ive had some issues with a tenant smoking in one of my rental houses.   Ive been soft on them because this happens to be my gfs house and ive basically hidden the issue from her so she doesnt flip a gasket, (i told he...

Hi! New member here. My wife and I are ready to go see the world a bit and I have pondered this strategy. Would love some feedback. What I was thinking we might do is choose an area of the country we want to spen...

Wow, wow, wow, wow

I went over to Zillow and posted a little advice in there consumer question/ advice area, and BAM.....I was brutally attacked from all sides!!!

Those folks are gloom & doom to the nth power!!!...

Hello,I was hoping you guys could provide me a few tips based on the unique situation I'm in. For the past couple years I've wanted to start building passive income, and I'm very interested in real estate. I just hit ...

In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...

What are banks accepting now vs list price? I plan to offer on an reo sfd that is being auctioned. Is an offer of 65 or 70% of mls price likely to be accepted, assuming I'm not outbid?
This is a house that they've be...