So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...
I am under contract to buy a bank owned REO. The Utilities have been shut-off. I have scheduled to do inspection on Friday. It has public sewer and water.Should I do a sewer scope inspection? Any referrals . The hous...
I have recently renovated a unit in my building. This is the first time I've done this kind of overhaul getting a place ready. I'm thinking about doing quarterly inspections just to make sure things aren't getting tor...
I'm looking to get into my first investment property and have been pulling the trigger on a few properties. I am currently under contract for one and just had my home inspection finished. I'm curious what are some maj...
Hi I’m a new landlord and yesterday I received a letter from the department of building and planning residential rental inspection program that I need to pay a fee for their inspector to come to inspect my rental prop...
I'm about to invest in a 100 years old building with 5 rental units. The 5 are a mix of residential and commercial. Asking price is really high; as the topical in a Canadian market; $600,000! My plan is a harsh negoti...
Hi Folks, We've been active investors for about 15 months, which makes us newbies :). We just signed an assignment contract for our 3rd off-market property via a wholesaler. This wholesaler was clear that their cont...
I know that there are mixed feelings here about the necessity of permits on work done, but here's our story. We are less than two weeks from closing on our first rental - an owner occupied 2-family. We know that she h...
Good evening everyone. I just purchased a duplex, and one of the HWH is in a separate room off the back of the building. The room is probably about 30-40 sq ft. There is a heater duct in the room, but nothing else.The...
Hey everyone,I was curious if anyone here has any experience with section 8 rentals in Baltimore City. Specifically, I'm curious how arduous the approval process is and what the common pitfalls are. Most people I've m...