Hi All. First post here, I've been looking at acquiring some income properties for a while, and been running numbers of a few to find the right one. Finally took the plunge on a two unit property and recently closed. ...
First of all let me say, a lot of this is my fault for allowing them to stay this long. Due to backed up sewer and lots of rain, water damaged the unit and they didn't tell me for days. Now there's mold everywhere and...
Dear BP members, I checked out one investment property and really interested in it. However, while looking through the house, I noticed there is a fairly long horizontal cracks in the foundation above the ground. I di...
Hey guys, I wanted to start a thread and ask why more investors are not virtually investing out of state? As a Canadian, I've been forced to invest out of country to seek returns that i cannot dream to find here in Ca...
I've posted before about this problem--now it appears to be back.
My old tenants complained repeatedly that the house was getting too hot. It has a Goodman air handler inside and a heat pump outside. The AC guy came ...
Hey everyone. I bought my first property. I close in a few days and my insurance company pulled up the property that had water damage on two separate incidents and currently, both are open insurance claims. The seller...
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?
I've had the same unmarried couple as tenants for 4 years now. They were good tenants at first. But the past couple of years whenever I go in to access repairs, I've noticed they are not clean people. The walls are na...
We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase. The plan all along has been to hold it and rent it out. It's in a great middle-income neighborhood in a popular, af...
Hey everyone. My partner and I have a deal with a seller and we have an end buyer who is very eager to buy. He is ready to close ASAP. The seller with the option to purchase contract signed the contract, but will n...