Nelson Leal
short term lease due to fire
Hello BP,Looking for any advise on this one. I recently purchased a SFH in a suburb of Cleveland. Just finished the rehab and have it listed for rent. Have had some interest but with winter coming along and school ...
Karen F.
Structural Issue - Bowed Brick and Step Cracking
Hi! I'm looking at a circa 1900, enormous original brick triplex (7000 sq. ft.) -- REO property, on deadline to finalize my offer in 48 hours (multiple bid, best and highest situation) and don't have a structural eng...
Eugenia K.
Does insurance cover non-conforming unit?
I'm weighing putting in an offer on a duplex that has an additional non-conforming unit in Seattle. I'm wondering how home insurance (and for the renter, renter's insurance) works on the non-conforming unit. Would it ...
N/A N/A
New from Washington/Illinois
Hi,
I'm new to this forum, and am just getting started in the realm of real estate investing. I grew up in central Illinois, and my husband and I bought a small house there--then he got a new job, we sold the house (l...
Matt Rusk
Is it hard to rent SFR Primary and get a FHA on a multi?
Hey guys. I am trying to figure out what is the next best step to scale my real estate profolio. I started buying properties last July and now have 3. Unfortunately I didn't really think of it as a business until r...
Donald Dienst
Any ideas on what I should do?
I have set a goal of flipping at least 2 houses by the end of next year 2016. However I have a high debt to income ratio and live in a house that is way too small for my family so I need another one. The house is on a...
Clay S
HOA requiring payments for burned down building
We have a condo rental in a building which burned down end of August '18. HOA has been requiring payment of $100+/mo. of HOA fees, despite the property being completely uninhabitable, fenced off, demolished, and fina...
Kimberly Connor
Smoke dectectors
I have a question if I can get any advice it would be greatly appreciated. I live in a newly built house that of course i rent. There are no smoke detectors...keep in mind this house was rebuilt due to a fire. I dont ...
Jason Dobbins
Buy and Hold Multifamily Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Wilton.
Purchase price: $300,000
Cash invested: $75,000
Property is a 3 family home, was completely gutted and rebuilt pri...
Dan Talmi
Multi Family Inspection - What to look for? Red Flags?
Hi Everyone, I put an offer in on my first multi family building: a 7 unit, 100 year old building in Albany NY (Most North East inventory in my price range is this age). The question is: any specific items or red flag...