Julie Hassett
Buying from a wholesaler - why no EMD contingencies?
Hello BP! Looking at a wholesale deal in Baltimore city (21213). It's a townhome in pretty good shape on a good street in BelAir-Edison (Pelham). Wholesaler wants $39K cash to close. No contingencies.Question: I've ne...
Pratik P.
$479,500 Fine for pot grow house
So I went on an appointment to look at a house today where the owner had rented the property to his daughter, who then allowed her boyfriend to turn the property into a pot grow house. I was absolutely floored to find...
Ryan Guthrie
Renovating a rental property
Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
Ruben S.
Inhering Tenants in a Buying Rental Property
Hello everyone! I`m in the process of buying my first rental property with tenants living in the house. What would be the things to do before closing escrow when it comes to inhering tenants in investment property? An...
Randy F.
Do It Yourself Donts
Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
Nathan Gesner
Are property inspections/registration required in your market?
This is not uncommon for vacation rentals, but now cities are starting to enforce it for long-term rentals. Has this happened in your area? Do you think it's a good thing?https://triblive.com/local/wes...
David Lee Hall, III
Painting a rental single color
I have typically done 3 color schemes in my rentals (ceiling Lowe’s Maintenance Paint, walls S-W On the Rocks, trim S-W Pure White). I just purchased one that is a step down in level and rent rate and am looking at do...
Christine Swaidan
Getting Bids. Is Not Giving Details of Charges Acceptable?
Because of recent rain storms and older units I am in need of some repair work on a couple of units. I contacted a GC that I found on a neighborhood website. He had a few positive reviews on Yelp. He’s on Houzz, also....
Cameron Mitchell
Approve or Deny Tenants?
Hello BP,
I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't th...
Verna Medlin
Seller Financing gone wrong? Any attorneys here?
This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...