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Hello BPers!I have a motivated seller interested in selling their(?) land in SC. Potential seller has been paying taxes on land that belonged to a long deceased relative. The issue is that the motivated seller is a ...
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Hi All-I have a single-family house with $170k in equity.We want to build a cottage and thinking of starting the process. The cottage land is owned by one family member who would gift the land. The other family member...
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My wife and I have several rental properties and are hoping to add about 5 more in the coming years. We have 2 young children so it's pretty necessary that we get our act together and have wills drawn up to prepare f...
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BP, I am in the fact-finding stage. I know the general rules of a 1031 exchange. I read something about purchasing properties you already own, is not allowed, in a 1031 exchange. However, I read a few things about how...
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I am shocked to hear that. I have never seen the finance on a real estate transaction getting approved without title insurance. What if there is a lien or debt on the property! Though the agent, the bank and the lawye...
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Need advice!!! My new tenant texts me everyday! Sometimes it pertains to the property but many times she texts me just to chat! She sends me articles relating to the news and random things going on in her life. So...
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Hi Pros,
I can use your guidance here.
I have scenario where buyer signed a contract to purchase a piece of land here in Texas held by a trust. Contract is using standard 'TREC Unimproved Property Contract' with sel...
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HI BP,I’m a relatively new investor (have 2 units/ under contract on 6 units) and wanted to survey those seasoned landlords out there: When checking out a Buy/Hold property, what are your “deal breakers” that yo...
I have a unit that has a small leak in the flashing outside the ceiling. Recently with the heavy rain we have been getting a small stain appears on two of the ceiling tiles during the rain storms. We are working on fi...
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I had a co-worker who would get a home warranty like American Home Shield etc and put hose on each of his rentals. If anything broke or there was any issue he instructed the tenant to call the warranty company to com...