Yuvaraj Vimawala
Home Insurance claims
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Doreen Arminio
line of credit question from newbie
Hi,
I found an REO that I think is a good deal. At the listing price I can offer cash, but would not like to tie up that much cash. (39k). Would it be a good idea to offer cash to get the deal and then maybe take ...
Tamir Hodorov
recommended neighborhoods for investment? up to 120K flip or rent
Hi guys, I'm new here. I wanted to ask whether any of you can recommended on neighborhoods for investment? My budget is 120K and I will either flip or rent.Section 8 is also relevant, or any better strategy you may re...
Bryan Igboke
Shared Driveway With Neighbor
I am soon to close on my first rental property (so excited!!). To be precise, I am househacking and living in an adu conversion in the back. The deal is great on paper and everything has gone very smoothly so far.One ...
Jo-Dee Gancayco
480,000 gallon water bill in less than month
Well, solve this riddle, or as the leak detection technician called it, “mystery”. I have a rental home out of state that is currently vacant. I received a call from our property manager that the city had called her ...
Mike Montanye
First Turnkey Rental Inspection Report
We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
Rainier Guiang
Need advice on how to pull equity
Hello, this is my first post on Bigger Pockets.
I was hoping someone could advise me on how to pull equity on an investment property (condo) I own in the state of Florida (free and clear - no mortgage) for...
Jeet Sangha
Line of Credit On Rental Properties
Hello BP,I currently have 8 residential rental properties with approx $5M in equity. I do not want to refinance them because I have low interest rates on all. However, I do want to access my equity to purchase more pr...
Shane M
Water damage, just walk away?
Got a property that is in great condition upstairs, even has some new appliances, but they never winterized the house and some pipes in the basement busted. Water is at about 1/2 inch when I checked it out, saw water ...
Keith San
Financing a multi.
I've been getting some great responses here so I thought i'd pose this.
My plan is to buy a mutli-family 4 or less, with #'s that work.
I currently own my own home, have a mortgage out for about 60% of the property....