Just completed my first flip and sold the house on day one. Now with recent heavy rains the basement got flooded after closing. As per buyer there are signs of flooding before and they claim that I tried to hide that ...
I have a tenant that keeps parking his two trucks in driveway. Although in his lease contract, there is a restricted driveway-parking clause: "Tenant(s) must park in closed garage at all times, not in the driveway". T...
Hi all, First, I want to thank this community and everything y'all have done for folks such as myself who have just closed on their first deal. I purchased from a family member who will be moving out by June. The issu...
Hello,I'm new to the site and new to REI. I've seen a few Meet-Up Groups related to REI and I've attended 1 so far with plans for another tomorrow. I'm wondering if there is a Denver group on BP that I could join?
Hello Everyone, So, I'm thinking about making this 6 unit apartment building my very first property to my portfolio. I've been doing heavy research and due diligence on different financing options. There's a hard mone...
Hello BP! I was wondering what are the best ways generally to add value to an apartment building.
I had recently purchased a home and with in less than a week my oil burner stop working on me. I walked into the house and the house was filled with heavy oil smoke. Now my insurance company (USAA) is telling me that ...
Hey BP, Scenario: I am Purchasing a home with a hard money loan. We went under contract with the following assumptions:Purchase: $91,000Rehab: $64,000ARV: $215,000ARV*0.75= $161,250$161,250 - $64,000 - $91,000 = $6,25...
Title says it all. 🤦🏻♂️. The buyer was an eager young lady. Single mother. I was asking 20 but took 18k for the Mobile home. Her movers showed up and claimed the home was too heavy and the roof was bad and can’t be m...
I have a window well that doesn't have a cover on it and I want to keep water out of the window well. When we had a storm the other week, I had some water seep in because of how fast the rain came down (first time in ...