Nathan J.
Buying a Tax Sale property from Sheriff in Philadelphia
Hi there, I recently bought a tax sale from a Sheriff's sale in Philly (via a wholesaler). I admit i am a novice here but was willing to take the risk since it was a very cheap duplex. I plan to rehab it then rent it ...
Richard Bull
Property caught fire a few days prior to closing
I was just notified that the property that I was prepared to close on three days from today caught fire. It was a cash deal also... My contractor gave me the head's up today. It looks like I may have dodged a bullet, ...
Linda Roberts
Early Move-Out and Key Return Process. When the Lease Ends?
My current tenants have a lease until August 31, but they plan to move out and return the keys by August 15. I don’t plan to reimburse them for moving out earlier. The new tenants, starting their lease on September 1,...
Zach S.
Contractor Charging Liability Costs Twice?
Hello all,This is my first time posting here. I've been a realtor for five years and just recently got into flipping. I'm in the middle of renovation of my first project. The contractor I'm using came as a somewhat tr...
Audrey Peltier
Rules/customs for q rental in Cleveland
Hi!I have a rental in Cleveland. I was wondering if it's custom for the landlord to pay for water, sewer and snow plow?There is only a fridge in the unit. In CA, landlords provide microwave, ove, dish-washer, washing/...
Guillaume Derouet
Property lost due to fire
Hi Guys, when you completely lost a property due to fire, can you write off the entire value for the taxes?How does it work?Please let me know.
Asher Carr
Covering Closing Cost- Who pays for what?
So i'm writing up a contract to buy a rental property. I was wondering what others do with the closing cost portion. What closing cost should buyers and sellers cover? I would like to cover the cost but I didn't reali...
Account Closed
Can I make an offer similar to opendoor, crediting myself repairs
I wholesale real estate, I was looking to see if it's possible that I can make an offer of say $280,000, and then I come to find that the property needs ~$25,000 in repairs, so I fully disclose in the contract that th...
Mike Brown
In a NNN lease, what does the investor have to pay for?
From what I understand, the tenant pays for all maintenance, insurance, etc. But what does the investor pay for? If a new tenant comes in, who pays for the remodeling, new roof and such?
Jason Papp
Looking for Experienced 203k Contractor - Pittsburgh
Evaluating an older property for a potential 203k opportunity and would like to get input and a quote from a contractor experienced with 203k. Property currently is 2 residential units and commercial space. Plan would...