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I own a rental property in TX and my own home in FL. Due to unforeseen events we are moving to the Boston Metro area ASAP.I am going to sell both houses, and conservatively will have $250k for a down payment. Income...
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Ok my BP peeps, I need some schooling on 1031 exchanges, I sold a property in Colorado and did a 1031 exchange I found a title company to hold the funds for me. I am about to close on a new property and I’m planning t...
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Hi,I typically rent my 3-bedroom property through a short-term rental platform, but I was recently contacted by an insurance relocation company looking to place a family in temporary housing while work is done on thei...
Hi Everyone, I have a property under contract in the south side suburbs of Chicago. The inspector found an oil tank and he told me this could be a serious issue. We couldn't look at the tank because it was underground...
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I have a rental home where the village contacted me to do their rental inspection that is required every 3 years. My PM coordinated with the village inspector to do a walk through the house. I'm shocked at the amoun...
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Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
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Well, I just got a message from them that they want me to get the house tested for lead and asbestos, and they need those tests before they will give a deposit. Is this reasonable?? They *do* have a 10-month-old boy...
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I am a builder investor out of the Houston area. We went out and pulled two appraisals, one by me and didn’t share in the beginning because I didn’t want my appraisal to be bias. The clients bank (buyer) went out and ...
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I live in Washington State which is very tenant friendly. I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...
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I have identified multiple 5-unit buildings that I am looking to purchase in the Fall River, MA area. Originally, I was looking for FHA loan, but when I found a 5-unit building within my budget, they told me that FHA ...