Just sold an office building in CA. A few days after entering into escrow, the buyer (an attorney) requested a 7 week extension of escrow. A few days later, we were served with a meritless ADA lawsuit. (We suspect th...
Lately I have been contemplating the whole "tiny house" takeover. My husband and I were thinking of constructing the mini homes for the many people that live on the coasts. This looks and sounds great, but I want to ...
Hi bp, question for you: I have a quadplex in Missouri, and i just had to go through my first eviction. The property management company pretty much took care of the eviction, however it cost about $1700 just to do the...
So I'm looking in to my first property and I'm going to be using the VA loan, I understand that the VA loan cannot be used for investment properties. I do plan on living on one side and renting the other unit(s). I wa...
My tenant just moved out recently and I discovered water damage under the floor of a bathroom. I don't have a "before" picture proving it wasn't there before hand. However, I do know that the tenant was caring for sma...
Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...
When doing a 1031 exchange, I know you have a certain number of days to identify a property (I think maybe 45 or 60). But what happens if you identify one but during due diligence you discover things that cause you n...
I just purchased a duplex that will need around 20k in your work. It is mostly materials and I won't need to use a GC as the electric and plumbing are all basically new. There was moisture issue so I will need to repl...
Well, hello there! I'm a Realtor that is also starting out in venturing into my own Real Estate investing journey. Being a Realtor I get to enjoy the benefits of learning the market trends and experiencing hands on tr...
Hey everyone. My brother and I want to start our LLC here soon. As we were getting ready to submit everything to the state, he discovered that due to some sort of oversight, his divorce never went through. It was file...