Dave Phillips
"repaired" cracked foundation and second story
I purchased a house in Edmonton that has a horizontal crack the entire length of one wall as well as at least one vertical crack.
The work has been repaired but the seller never disclosed that the crack was t...
Adam Aschoff
I want to owner finance my house when selling
My wife and I are discussing non selling our house in the coming year and I have some interesting in seller financing my property. The reason being is I do have a lot of equity in our property and the rent doesn’t wor...
Greg P.
Sloping floors in basement...Need some help please
Hello, I am about to purchase a house with sloping floors in the basement. Half of the basement is sloping to one side and it is evenly sloping. I've called a structural engineer to make sure it wasn't a foundation ...
Dannielle Hoffman
San Antonio - Are foundation issues that common?
Hi Everybody!I am moving to SA in a few months and as I do more and more research I have noticed that many of the wholesale deals and some of the properties listed on the MLS mention foundation issues. Is this very c...
Larry C.
Looking for a good structural engineer for repairs in Philly
Hi, I'm a long time reader and new poster. One of my west Philly properties (row house) was cited for a city violation in February that said the structure was "unsafe". I had an engineer look at it and although the...
Thomas Kiefer
Need some advice in Houston on a rehab in the flood plain
I recently bought a home to flip in Houston and it sits in the flood plain. That doesn't necessarily bother me because many homes in Houston are in the same predicament. According to seller disclosures this home did...
Daryll Sheridan
Partnership structuring question
Hi,My wife and I along with her parents recently purchased our first investment property (and got it rented within 5 days whoop).For ease of purchase and financing - the title of the house and financing is solely in m...
Matthew Botelho
Tax question on positive cash flow
Hi BP,I have a tax question about positive cash flow money on multi family houses. If I'm making a positive cash from a multi family house and if I continue to keep that money in a business account and don't clam it a...
Sarah Jones
Zero down - NEED strategy
I bought my first house with 20%, rented it out. My mortgage with tax and insurance is $1400 and I rented it out for $3000 per month. I am making a good profit and I know now is the time to buy. I know how to rehab ho...
Miguel Horta
Foundation issues in house
I recently purchased a house in Indiana. 2 bed 1 bath about 1200 sq ft. Looks like it needs a decent amount of foundation work. Can anyone provide a estimate of what those cost are to fix the foundation? just want to ...