David Pere
How to handle a contractor had $10k materials stolen from site?
Long story short,
I am stationed in San Diego, and the property is in Missouri (I'll be flying there in two weeks, in part because of this)My GC fired a sub-contractor for shoddy work on another property on Friday. O...
Mike S.
Philadelphia Tax Sale
Hello BP,I'm fairly new to BP (first post!), and I was hoping someone could talk me out of a bad idea. There's a rowhome down the street from me. It's been empty for the last two years at least and has a notice of u...
Ranviir Hussein
Previous owner collected the Section 8 rent
I have recently bought a house with a section 8 tenant in place. I have not done my due diligences as the seller was supposed to notify the housing agency of the change of ownership of the property. I have closed the ...
Amer Swid
What tactics should I use to increase the rent without loosing the tenant.
So, I found a multiunit house and a single-family house both attached to each other, both owned by a church that put them up for sale. all units are already rented but lower than the market value. The single family ho...
Akhilesh Rao
Handicap Ramp in a rental duplex
I have a section 8 tenant who has requested a handicap ramp and other adjustment which is going to cost approximately $10,000 according to the property management. The tenant is currently on a month to month and has r...
Chris Miller
City forcing pricy underground electrical ADU build
Hi All! I’m currently building 2 detached ADU’s in the city of Santa Monica,CA on a current 4plex. We are mid build and the city is telling me that we need to run underground electrical from the street. This would...
Angela A.
CPA, Tax Lawyer, Real Estate Lawyer, Business Lawyer or Property Lawyer?
Hello everyone,This has been on my mind for sometime. I have a lot of tax questions and business ideas and I am not sure which of these professionals I need on my team. I am confused if I need all of them or just a co...
Nicholas A.
Miami Florida Metro Area home insurance, flood insurance, other costs
Hey Everybody,I created this post because I have been hearing about all these rising costs of living and investing in Florida and I want to see what is true and what isn't. I would appreciate any opinions and input!Th...
Wendell De Guzman
REAL STORY: How to Lose Money on A Low Interest Loan
When you invest in real estate, borrowing money makes sense because the right loan on a good deal will help you make money faster and with higher return vs. using all-cash.One of the things that people look at when bo...
Yan Do
Where to temporarily keep a large amount of money after selling?
I am going to sell my home and buy a new one. After I sell my home, where should I temporarily keep the large amount of money (>$500k) until I buy the next home? Should I keep it in a high yield savings account?