Zarinah Burford
Flipping deal in Chicago
Our first flip. Brought a property for 86k rehab about 120k. Homes selling in the area for 320-370k.I’m financing, my brother is and agent/wholesaler. We are splitting 50/50. With covid, acquiring permits in Chicago m...
Matt Kaser
Tenant has rent in Escrow.. Need Help!! Stressed!
One of my tenants called the city on me with building problems. Big issue was the deck was unstable. It has since been replaced. Other issues were water stains, water leaks, Fireplace chimney wasnt tall enough and sh...
Tony Hoffer
Legally a DUPLEX, actually a TRIPLEX
Hi BP folks..I've been noticing in Cleveland quite a few Triplexes for sale but are on public record as being a *Duplex*. It seems the city has looked the other way on many of these for years.My questions are:- Has a...
Zach Rothman
What experiences have you as an owner had with management companies in Miami?
I've been running a vacation rental operation in South Florida for the past 7 years, helping owners drive revenue.
We come across a lot of owners super frustrated with their current manager and the main issue seems ...
Vanessa Duguerre
Closing Monday, Auction prop, found out basement full of SH$!
I got the property UAG from a auction. Sight unseen. It’s a 2 family in Brockton MA ( C/D) area and home. I plan to hold and rent out. What should I do... I feel like after today I don’t want this property. Am I over ...
Nnabuenyi Anigbogu
New FHA guideline
Hello all,I have a question about a new FHA guideline that my loan officer just informed me off. He said that starting in Jan 1st, FHA does not allow you to count rental income from a property that you are departing u...
Luke Carl
Removed from Airbnb and Sucessfully Relisted?
3000 bookings into my career I’ve been sent to the trust department once. They ruled in my favor. But ever since it’s been in the far back of my mind. So...... Has anyone ever been booted from Airbnb for say..... a gu...
Daniel Mock
Historic 1920s house in Raleigh with knob and tube wiring
I have a house under contract that's a 1920s build in a historic neighborhood in downtown Raleigh. The house is in overall good condition with original plaster walls, plaster ceilings, original doors & trim. It al...
Stephen E.
Candles
Do you permit tenants' use of candles of attempt to regulate their use? I use a standard lease which has the following clause:"The tenant shall not do, bring or keep anything in the Rented Premises, or permit or suff...
Nathan Brennan
Is my landlord required to fix this
Hello, Recently, there was water dripping through my ceiling and we thought it was a broker pipe. It turned out to be a problem with the AC that cause the leak, but the repair man the landlord sent made a huge hole in...