Sam Leon
Outstanding water/sewer bill
Sixteen months ago I bought a REO property from Fannie Mae.When I scheduled my property inspection during the due diligence period the agent was not able to get water turned on. I was told by the agent they couldn't ...
Nick V.
Pools at Rental Properties - Good or Bad? Keep or Fill in?
We are in the process of buying #2. (Waiting on financing, hope to know soon.) Anyways the house details are below.This is a SHF, that we plan to convert to a duplex. (2-2bedroom units) The lower unit will have 2 big ...
Account Closed
Commercial loan balloon payment
I've been looking at a couple 6 and 8 plex buildings in my area as my first investment property and I was just wondering how you all deal with the balloon payment of the commercial loan? There's no way I would have th...
Poe George
FHA 203K Inspections
Hello all,I was wondering if anyone has any experience with getting inspections done with a FHA 203K loan. I know the FHA is pretty strict when it comes to inspections (no peeling paint, no holes in walls, etc) for a...
Randi Thompson
Family Purchase BRRRR
My grandmother would like to sell her mothers house which she inherited to me and my husband. We’re going to essentially do a BRRRR deal, but I wondered if there was a better way to do it. Instead of buying in cash an...
Jeff Manni
Property Management Fees in Boston
Hello BP people! I am trying to analyze my first rental deal and I was wondering if anyone in the Boston/Worcester/Springfield area has any experience with paying a local property manager and what your monthly percent...
Dilip Uthiriaraj
Sub Dividing / Selling a Duplex as Independent Units
I am looking to get some inputs and leads on to see if any one in Fairfield County has tried Sub Dividing or Selling a duplex as independent unit which is zoned in "B". Any guidance is much appreciated.
Jonathan Smith
Insulation in flips
I have a flip which has about four inches of insulation in the attics. In flips do you typically add insulation as a selling point. Not sure if the return would be there for this activity and was wondering to do it o...
Will Hampson
Lease for Owner Occupied Property
Hey everybody, need a little advice from experienced people.
I bought a 4 bedroom single family home last summer. I rent out 2 bedrooms to friends and keep the master and 4th bedroom as an office. One of the ...
Caden Wakim
Property Management Joliet IL
I have a property in Joliet IL, 4bds 1 bth, section 8 pays 2060 in this area, i have it posted with a management company at 1895, fairly close to market rent. It has tons of traffic, at least that’s what manager tells...