Hi, a friend of mine recently told me that to get an FHA loan on a property, the property needs to be FHA approved. It is the first time I have heard of it, but I had been under the impression that as long I was qual...
So I live in an apartment currently that is supposedly a "luxury apartment", there are however quite a few things done wrong here to classify it as "luxury". Most notably the fact that between October and now, the he...
Hello - brand new to BP so this is my first post other than the 'newbie intro' so I am still familiarizing myself here. So we (my wife and I) closed on our first investment property (a duplex) two months ago. Curren...
I have a couple of vacant lots and I'm interested in comparing costs of putting a manufactured home instead of stick built on them. I know there are financing and building code aspects to consider, but I'm mostly inte...
What would you do with this house?My relatives inherited a house and are unsure what to do with it. Address: 1000 Neptune Ave S., Akron, OH 44301. It needs new plumbing (cast iron), electrical, kitchen, BA, windows, d...
Hi All, I am currently located in the Atlanta area. I have been looking for my first deal for months and finally found one that seemed great. The house had been flipped, was on a quiet street, had a huge yard with a f...
My Question:I would like to know if the cost of total demolition of a mobile home and removal of debris ($11,000) is deductible in 2022 on Schedule E?
We purchased a property that was adjacent to our triplex property...
Foundation Cracks
Cracks in the foundation are major red flags. They’re harbingers of potentially significant repair costs or worse. Freshly patched cracks can also be a cause for concern.
Foundation cracks can be s...
Good morning!
Who’s ready for the solar eclipse today?! Here in southern Nevada, we'll witness a partial eclipse, with exactly half of the sun obscured by the moon between 10:12 a.m. and 12:30 p.m., reaching its pe...
Hi all - I'm a total newb in REI. I've been reading a lot and listening to a lot of podcasts. And I'm really excited about the possibilities available in real estate, especially over the long term and in building gene...