Alex Duarte
Section 8 tenant not allowed to pay over fair market rent?
Hello, I'm currently in the process of approving a section 8 applicant for one of my units. The case worker said the max rent they can pay is $1830/mo and not the full $2050 we advertised it for.... I talked to the te...
Kylene Heykants
Offer Accepted - Due diligence under way on SFH with two separate dwellings
Hi BP community,
I recently got an accepted offer on a SFH in Alberta, Canada that has two separately metered legal suites. I'm currently performing due diligence with the property and need some advice. The property...
Bob Ebaugh
Chinese Drywall Remediation (CDW)
We expect to close in a couple weeks on our 2nd flip, a 2400 sqft 3/3 Townhome in Tampa. We purchased this via the MLS from the original owner of this 2009 built home for $115K. Yes 2009...conventional wisdom wou...
Brendan Novisky
Help with quick analysis of 4-plex
I am looking at purchasing a 4-unit in Franklin county, OH and am looking for some other perspectives prior to putting in an offer. The details I know are:Purchase Price: $289,000Rents: range between $790-$875 (have n...
Faraz Mog
Section 8 rules in Massachusetts
Hi,We are considering turning one of our vacant apartments into a section 8 and was wondering if people can share their positive/negative experience. I have zero experience on section 8 so I have some questions. Any g...
Talal B.
HUD home inspection
Dear BP'ers -
I am looking at my first potential deal and its a HUD property. I have obviously not dealt with HUD properties before and learning their cumbersome process to get the deal approved argh...
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Marci Stein
Tenant test positive for lead paint on bath tub
Not sure how to proceed —2 adult tenants. No children . newly moved in and tested for lead on peeling paint on side of painted bathtub. Positive. From what I’ve read, I am required to remediate this if a child under 6...
Sheryl Griffin
Price Reduction Request after Offer
Made offer on a house - offer accepted. Now I'm in the 10-day inspection period (per the contract), and inspection and contractors find "mildew" - indicating potential mold exists - throughout the home. Plumbing, el...
Shanequa J.
Asbestos
To the investors that buy and renovate a lot of homes, how do you tackle the threat of asbestos in homes? Do you avoid certain time periods or do test samples? I know it's not dangerous if it's not disturbed, but some...
Lisa Mauritis
How Do I find A Realtor In South Florida That Uses BP investing
Hi BP friends, We are looking for a realtor in the Broward County area to help us with investing. We are canadian and my husband is a building contractor. While we are here for the 6 months, we would like to buy a ...