Bienes Raices
Big problem with HUD house
My offer was accepted on a HUD house, and (as an investor), I made my $500 non-refundable deposit.
I've now been notified that if I want utilities on I have to pay a $130 dewinterization fee and buy a general liabili...
Ivan Bovkun
Purchasing an office building in NJ - steps to conduct effective research?
Hello All,I am new to commercial RE investing and would like to ask for a piece of advice regarding how to perform an initial marketing research toward purchasing an office building in a different state (I am in NY an...
Account Closed
Tenant took down smoke alarms. What is my risk?
Hello hello. I was just inside one of my units fixing some plumbing, and I noticed they had taken down 3 smoke alarms and the only carbon monoxide alarm. Only two of the original 5 smoke alarms were still up (though...
Axia Roberts
Tenant smelling cigarette smoke in neighbor's apt how to handle?
I have an apartment complex, 8 units. I had one tenant move into Apt G 2 months ago and then the other moved into Apt F about a week ago. Apt G is a single older woman, and Apt F is a younger couple. I have had no com...
Susan Bearry
HUD--Inspection revealed major issues undisclosed in PUD
(Sorry for typo--PCR, not PUD.)I am completely inexperienced in purchasing HUD homes, never even bid on one before now. The questions below concern a HUD-owned manufactured home in the Austin, TX area.What inspection...
James Baker
Renting with a pool. Not sure what to do.
Hello BPWe will be renting out our house in the future here in the west Michigan area. It has a pool that is relatively shallow; 4' at the deep end and 3' at the shallow end. I am not sure if it was meant for a lap ...
Brandon Allen
North Dallas Subs Needed
Hey guys,I got a house under contract with a wholesaler. Here are the numbers on the house:1500 sq ft3/2/2Needs foundation work, but really in pretty good shape. Cosmetic work needed.Here's the issue I'm having. Th...
Dan NA
REO's - How Do You Know If Mechanicals Work If There's No Electricity?
Hi everyone,
I am going to preface this by saying I have never done a rehab before. Currently looking at a multi-family REO that needs a fair amount of work. The house has no electricity and/or heat turned on. I foun...
Yaroslav Golubev
Driving for dollars
Driving for dollarsHas any member on BiggerPockets used application on Android or iPhone to record their driving for dollars? Right now I working a full-time job over 50 hours driving for dollars is not always realist...
Chris Morris
Additional cost due to oversight made by city and possibly architect. Who pays?
I am working with a great architect on my first new development project (who I found on Bigger Pockets). We met with the city twice for 'preliminary plan check' and are now going through the formal plan check process....