Ok so when we had our inspection we knew that the breaker box was going to fail. It was rusted had open spots in the panel and moisture damage was present the main wire had what appears to be burn damage on it coming ...
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I am going to see a couple of properties for the first time tomorrow. I have never done a walk-through on a rental property before ever. What are some key questions to ask the realtor and important things to look for ...
Hello,This is my first post here, usually I just lurk so I can learn, but I am renting my first house, and I have an applicant that I am unsure of.The applicants job checked out (pay stubs and contacted employer), onl...
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Hey BP! My name is Tim and I am new to this community.I am looking at getting into investing with either a focus on fix & flips to either rent or sell (depends on the property.) I've done a bit of rehab work over ...
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Yesterday I posted about how my wife and I are moving from San Francisco to Chicago and looking to do a house hack. @Brie Schmidt gave me some pretty good advice around tradeoffs between price, location, cash flow, et...
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Hi BP,Just looking for some encouragement or guidance with my investing situation. I'm def over budget on my 2nd property. Here is where my business currently stands:Property #1 (ARV $55k): Owned outright at $32k in...
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I think this is the 1st time an insurance inspector has visited my multifamily in the 23 years I've owned it. I live here and use the basement as storage and workshop, and that my biggest concern. I figure I need to h...
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $55,000
Cash invested: $37,000
full gut rehab needed new plumbing, electric, HVAC, patched floors, ...
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Hello all, question for those of you who are buying multifamily properties!
What are some of the biggest fees you incur during the due diligence period?
Besides attorney fees, appraisal. I am just trying to unders...
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Hi there,I have a single family house that the tenant generally took good care of, but let the lawn mostly die and left some large screws in the wall. I carefully documented it all, along with photos and got quotes fo...