Peter Hynes
Seller disclosure "no representation" and "no inspection"?!
Hi BP,
My REI partner and I are about to purchase our first two single-family homes. Our realtor got a deal on 9 homes with a wholesaler. We are buying each home for $148,000, with $500 in earnest money, and the Zi...
Bobby Balow
Help! Tenant destroyed property and need to prioritize repairs
The situation:We very recently purchased a property based on a home inspection that was currently occupied by a tenant. Turns out there was a LOT of hidden damage. From what I understand, there is little we can do bec...
Bienes Raices
Termites in REO
I made an offer on an REO (bank never responded, so we were planning to resubmit) and then the agent discovered an inspection report that shows evidence of termites.
Has anyone here ever just lowered their offer amou...
Corey Hassan
seller very upset over offer
Hey everyone,Ran into a situation today where an offer I made was not only denied but followed up with a lengthy email about how I am a scam artist and that if I'm not serious about buying the home than she is a busin...
Account Closed
SHOULD I MAKE MY TENANT PAY FOR THIS? NEVER HEARD OF THIS BEFORE!
Hello folks,First of all, thank you reading this post, I value everyone's feedback and I would like to see what you think about an issue my tenant called me with last night.STORY: I rent out a single family home to wo...
Thomas Lam
Manage Property yourself
Hello BP, have a question regarding rather I should take over my rental property or let PM continue handle it.I have a property located in Germantown, Maryland and it is currently still under water......unfortunately....
J Scott
Buyer's Agent Disclosing Defects
A friend of mine is looking to buy a personal residence in California (it's a hot market and most sellers refuse inspection contingencies in contracts, so buyer due diligence needs to be done upfront prior to cont...
Erich Henson
Had house fire. Board up company did work without my permission.
I'm looking for a little advice. I received a bill for $1000 after a house fire on one of my rental properties. The company says they boarded up my house because the fire department called them after the fire. I ne...
Bob Jaeger
Contractor of 25yrs- Happy to answer your questions
Hello BP community!
As the title mentions, I’ve been around residential construction for the last 25 years and absolutely love i! I’m also an investor with six buy-and-hold units (and looking for more) in the weste...
Edita D.
Repairs exceed tenant's deposit
Hey Guys!It seems our tenant kept unauthorized dogs at our property, and there are extensive pet damages to the house (flooring, fence). We think the repairs will SIGNIFICANTLY exceed tenant's deposit. Of course, we w...