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I am a Realtor and I have an investor client who recently purchased a middle row home in Philly. Prior to settlement he talked about maybe digging basement floor down so basement height would make it finishable space....
I recently had a tenant move out. Upon doing a walk-through I noticed the shower head was missing, a ceiling fan globe missing, 2 accordion doors were broken to the point of replacement and the kitchen counter tops br...
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I found a property that is 1 1/2 acres with a “as is “ home for a great price . The price is basically for the land only . The homes around the area are selling 6 x the price of the land . I want to tear down home but...
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I just finished the 1st chapter of No/Low Money Down and learned about FHA + 203k Loans which gave breath to some ideas. Tell me why this won't work! For example...Say we found a foreclosed house in Oakland. Let's use...
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How do you determine what normal wear and tear is when giving a tenant their deposit back? I always have my properties cleaned and if needed, painted before a new tenant moves in. When they move out, the walls are al...
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What is reasonable wear and tear? I have a 2 year old buy and hold. I painted the entire interior and had new carpet put in. The tenant was there for 2 years. They patched the wall holes and left the white spackl...
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Good Evening All,In preparation for my tenants vacating a property on 4/30/19, I conducted a walk-through inspection, which revealed a long list of damages and cleanliness issues. I'm specifically curious about every...
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Hello Bigger Pockets! I am experiencing my first vacancy and wanted to ask a question concerning the security deposit. The tenant really did a number on the place and I want to make sure I’m in my legal rights to keep...
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Hey bigger pocket fam,I’m working out my first deal that I’m excited about but the hurdles keep coming. I found a multi family that’s within my budget but in the remarks it’s said to be a tear down and there’s a tenan...
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Hello,
I have a very important question and would be incredibly thankful if you could offer me some expertise on the matter. I live in California and have a property I have dealt with the 1031 exchange. I sold my f...