Matt H
Are Old Buildings Okay?
Hello, I'm looking at some older buildings. They appear to be built early 1900's. Like I think 1930 or so. If you were to buy and you got an building inspection that would turn up any major problems right? So as long ...
Andriy Boychuk
Did you buy park at an Auction? or do you know any body?
Hi. I just received a listing 40 lots MHP on public utilities in great area. However, they will not allow to do Phase I inspection and they have reserve price.Just curious about the following: Can they set the reserve...
Matthew Wright
New Construction Multifamily
I have land that I’m looking to develop MF. Density allows for approx 30 units. I’m trying to determine whether to build 15 duplexes or one or two bigger buildings. I’m curious Which would typically cost less? I think...
Zach Fagas
Meth Lab Property issues
Hey everyone,I am looking at duplex this afternoon being sold by a guy who was living in the 1st floor unit and renting out the top unit (house hack). In 2016 the door to the top unit was kicked in by the DEA busting...
Keith Goodwine
Junkyard property in metro area
I got a unique lead today for a junkyard property in a metro area. I am a wholesaler, and the seller responded to a postcard mailer I sent out. The seller insists the value of the property is in the zoning, as the m...
Minh Nguyen
Hello From San Diego!
Hi BP Forum,My name is Minh and I'm from San Diego. I'd just like to say that the forum, articles, and audiobooks from BP have been super useful and given me some shred of hope for financial freedom.Like others on thi...
Ray Hayward
Refinancing Hard Money
I am curious to know, is it possible to refinance debt owned to a hard money lender with a bank mortgage as long as the equity LTV is 30%+?I am looking at a property that will require some environmental clean up befor...
Michael Rivera
Commercial mortgage - pros and cons
Hi all, Planning to take a commercial mortgage. But, before that, I would like to know the pros and cons of using it. If anyone of you has used it, kindly share the details. Would like to ask few ques...
Tawny Bloom
Keeping pipes cleared
Last month we had to call in Roto Rooters as our tenants pipes were backed up. The drain for the washing machine and kitchen all drain to the same pipe and according to the Roto Rooter guy this can sometimes cause pr...
Frank Calderone
Mobile Home Park Inspection
I am looking to purchase my first mobile home park. 95% of the homes in the park are tenant owned. What trades should I have out to inspect the park? I figure I would have a general contract inspect the 2 park owned h...