Scott J.
Inspection: What do you look for to avoid MAJOR losses?
I'm going to a triplex open house this weekend that I am very interested in. It is also my first short sale. This property is 80 years old, so I want to be especially diligent.
When you are checking out a property, w...
Marie Louis
Plumbing Issues on First Deal Please Help
In September of last year I purchased my first investment property from a developer. When the developer acquired the property it was originally a SFH that was then converted to a two unit property. After analyzing the...
Nadezhda T Karkelanova
Help Estimating Rehab Costs for First Home Buyer
Hello wonderful community!
I am a big time BP fan but so far most of my investing has been in the stock market (I work in finance so that is a field I understand better). However, we are in the market for our first ...
Adam Jaggers
Frequency and guarding against water Damage
Hey BP,Just wanted to get thoughts from the community. I've been investing for a couple years now and have about 15 doors (various types).I've been hit with pretty bad water damage basically twice a year from various ...
Steve Francis
Pennsylvania Tenant/Landlord laws
Hello,The Borough of Bridgeport has said I'm in violation of the 2012 Int'l Property Maintenance code because the tenant has no hot water. In the lease agreement it specifically states that the tenant is responsible f...
Konstantin Boubev
Oil Tank Removal cost
Hello BP community.
I’m dealing with removing an underground oil tank from my property in Newton NJ.
I hired a company to do the removal/remediation MARKSMEN ENTERPRISES, LLC.
The initial estimate they gave me was ...
Oscar Martins
RIght Of First Refusal
I submitted an offer of 155k on a FHA property two years ago. During the inspection, they found an underground oil tank with contaminated soil on the premises. The seller (FHA) agreed to remove the listing and remove ...
Ronald H.
Selling your home and moving after spending years in the same area.
This subject is not pleasant for me.I have my Dear Mother's home. God bless her, she is now in heaven with her husband and others.My dilemna. I am a bit depressed and I own my Mom's place. It needs a lot of work and I...
Zain B.
Not sure if property has an oil tank Should I proceed with offer?
I had a magnetometry survey (fancy name for an oil tank sweep) conducted at a property I am looking to purchase in Northern New Jersey. The scan detected an anomaly between the grass and driveway. While a metallic foo...
Kathryne Omaits
Real estate commission on one agent (buyer) sale of property
I'm in Michigan. Selling my home. My previous listing agent contract expired in November. No signage and not listed with anyone. The same agent brought a buyer. Wants me to pay 4% and broker's commission. The...