Jay Levy
2 Family Short Term Rental - Let a tenant stay?
We just closed on a 2 family vacation property that we need to rehab prior to season starting (Memorial Day to Labor Day). One of the units (the more lucrative one) is vacant and we plan on starting renovation work A...
Nate Bartow
HUD homes
Hi All,Has anyone had any recent success buying a HUD home for a decent price? I am new to this type of property and my realtor is telling me he hasnt seen many investor deals go through recently. He says he has had s...
David Soest
Didn’t use licensed Plumber
Have a flip that’s done. Supposed to close this coming Monday. The city came by and put a stop work tag on the house since we had no permits other than the roof. We were there doing final clean up and the inspector ju...
Tyreek King-El
HELP: Land Rights
Good afternoon team, looking to see if anyone knows how I'd go about figuring out if a plot land is part of my property or not. Some info about the reason I am asking: There are a couple identical builds all in vicini...
Rohnn Kostelecky
1031 exchange and irs form 8824
irs rules for a 1031 exchange are the most convoluted in the entire tax code, IMHO. Nobody "exchanges" a property and a mortgage for another property and mortgage, its usually always sell and buy or buy and sell. The ...
Diego Figueroa
Seller wants "Move-Out Period"
Hey BP!I'm setting up a Purchase Agreement for a home with a seller that wants to stay another 30 days after closing, and rent the home back for that period, as a "move out period". It's my first time negotiating with...
Manco Snead
Realtor as POA for Closing
Greetings,I'm buying an out of state property and there is a time crunch for the closing date regarding fedexing docs to me in time. To resolve the issue my realtor is suggesting I use his assistant (also a realtor) a...
Steve Rozenberg
Finding a Hard Money Lender
What Are Some Good Tips on Finding a Good Hard Money Lender?
Kyle Weckman
Chicago Roof Deck (setback) Approval Process
Hi All, I am hoping to extend a current steal balcony to an existing flat (brick) detached garage and build out a roof top deck on it! I was hoping someone out there has potentially gone through the process and can pr...
Eslam Samy
Buying an occupied property dueling the pandemic
I’m buying an occupied house from a foreclosure owned by a bank it’s a great deal that I didn’t want to pass but I just heard that Trump extended the eviction to the end of the year for people got effected by the pand...