Dave H.
Hole in roof. Insurance not covering anything because of mold?
I was told that mold damage was some sort of pre-existing damage and that they wont cover it. The walls of course are ruined. There is a small hole in the roof and they wont even cover that because the hole didnt resu...
Alexandre Mota
Need help with financing $2M construction on family's property
I've been doing tons of research but I didn't find anything similar to our problem.
A
little bit of background. My mother-in-law and aunt own and live on
this property. We listed it in 2020 and we got an offer f...
Brian Christensen
Contract section question...
I have a question about a section in my purchase and sales agreetment I plan on using.
It reads the following...
EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...
James Madison
cash bought Primary residence to rental; capital gains and costs
I've read through 10 pages of threads on conversions trying to answer my questions and haven't found the answer I'm looking for.
Here's the background.
Primary residence (from 2011) purchase price: $10k...
Jonathan Fredholm
Land Development Deal
Hello all,I have recently come into some land and after some research, have found that the land is in a MDR (medium density residential) zone. Allowing for a 6 unit building to be built in place of the existing single...
Matthew Dodrill
15yr old wants to to side hustle need help with a wavier
Hello BP family. I have a 15yr that wants to start saving money and realizes she has some skills but still wants to be a kid for a little while longer. I have taken her around with me working on a few different proj...
Ernesto Duran
Pre-Foreclosure Strategy - Distressed Single Family- Buy & Hold
Question for the group: What will be your strategy in this case, if it exist? Property for sale for $150K (single-family), but the property is pretty distressed. The comps are roughly $160k-$175k for an updated pr...
Patrick Daly
Advice from A Syndication Specialist!
I am looking for someone with experience in real estate syndication. I am trying to get a syndication deal together I have investors willing to do a deal with me. I have a few questions on syndications, someone with e...
Chris Mercer
Value Decreases Before Balloon is Due
Hi Folks - I'm currently in discussions with a seller who is willing to carry the note for a few years, at which point the note will balloon and the balance will be due in full. I'm a glass-half-full kinda guy, but a...
Henry Clark
Self Storage- Dirt
Soil erosion Plan:
1. DNR- NPDES 2 plan. Received approved notification. This covers all of our activities.
2. DNR/Corp Eng- floodplain. This is actually in a hilly area, but you still need to do Flood plain an...