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I bought a foreclosure(3 plex) in Feb. $55,000. Renovated ($30,000) til May 1st when I rented it out. Are all reno costs part of the initial cost basis? I also did another $20,000 in siding, windows and roofing durin...
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I need a recommendation for a lawyer that can give me advice and/or represent me (as landlord) in a dispute with a former tenant. I'm located in Reno, Nevada.Thanks,Ken
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I notice in Chicago that there are a lot of mult-units with garden units and in-law units. It also seems like the rain storms are getting worse, If you own a building with a garden unit or in-law unit, has yours ever ...
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So I bought an inhabited duplex with FHA financing intending to get both sides to leave so I could renovate both sides. The tenant on the side we intend to live on got booted by PM the day before we took possession. O...
I learned that my HOA has foreclosed on and currently owns over 100 houses in my community. I would assume that it's not convenient for them to own these properties as:1. They will have to continue to pay any liens on...
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Hello BP friends and family,
For the last week or so I have been working on a deal that was going to the foreclosure auction. I have attempted to heed all of the advice given here and also from others outside th...
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There was a house that came on the market that I went to view and saw it had a notice from the county that said it is not fit for human habitation. I contacted the county to see what the issue or code violation was b...
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I bought a vintage 4-flat in a rapidly gentrifying area. It has taken 9-months to get building permits for my gut rehab! My municipality is demanding changes which, in essence, is turning my project into a new const...
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I have a general question about rental property in disrepair. My parents have a rental house that has some major floor rot problems. The house is on peer and beam, not a concrete slab. The tenants have been in the h...