Thuy Pham-Satrappe
Who pays closing costs on equity split buyout?
2 brothers inherit a property with substantial equity. One wants to cash out and the other wants to fix it up to keep as a rental. Brother A offers to buy Brother B out of his half of the equity (using fair market va...
Patrick Jacques
Home not listed on county property appraiser site
There is an empty home, which I can see out of my back window that I've had my eye on for a while. It exists on the typical sites such a Zillow and Trulia.. but not on the county appraisers site. How is that possibl...
Stephen Gallagher
Home Inspectors Report of finding on Residential Electric
Greetings all,Just getting started in making Real Estate my living, but not new to owning property, being a landlord, or dealing with problems. I will share some of my own stories later, but for this post I wanted to...
Michael Stutelberg
Duplex in Minnesota with shared meters how to bill for utilities
I recently purchased a duplex in MN and am wondering how billing for electricity (without separate meters) can be accomplished? I have all utilities in my name but would like to add a fee each month added to the rent ...
David King
Sell under-performing STR?
My first STR cash flows. The second STR is not cash flowing. It’s taking the profits from the first STR to pay the bills. Question- Do I sell the under performing STR? And reinvest in something else? Or ride this...
Tom R.
House with non grounded outlets
A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
David Stone
Utility charges stay with the property
Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
Paul Ewing
Passive Investing Phooey
I am about to start the day back at the 9-5 job and it is relaxing to be back at work! All weekend was spent working to get my two new rental houses online. I started off the adventure with a marathon shopping adven...
Bienes Raices
No dishwasher, no garbage disposal
And no refrigerator either but I know what to do about that...
Are there any issues with putting or connecting a freestanding dishwasher adjacent to the cabinets? There is no "space" where the new...
Sean Kuhn
Tenant Disapeared
I bought a house and had a checked out, well approved applicant sign a lease starting Jan 20th. He paid the full security deposit and rent up to Feb 28th. The next payment is due March 1st. I told him to sign up fo...