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We recently had a furnace break two weeks ago and the renter is demanding a refund. The night we were notified, we examined it found some loose connections and got it running again. The next day it broke again we de...
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Have a few questions 1. Can you buy a property as a vacation home (10% down) , use it for personal use for 2 weeks in the year and use it as STR for rest ?2. Can you do a cost segregation on this property and use it f...
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Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels. Amid the chaos of decision-making around buying, se...
We are closing on a property next week. Seller called he wants to evict a tenant for non-payment. Should we let him go ahead with giving the notice and proceed with the eviction (and then inherit the eviction), or sho...
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Hi all, I'm a copywriter in healthcare advertising in NYC, living in Brooklyn, via Massachusetts. Enjoy my work but ready to become an investor with a focus on buy-and-hold rentals. So far the "Look Local" mantra isn'...
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Hi, looking for an opinion or what to do. Got a quote from a contractor to remove a support beam and install a new support beam. Contractor came to site day 1 to start. I paid after day 1 about 60 % of the job. Th...
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Good Evening Bigger Pockets,I am currently looking a purchasing my first deal from a wholesaler and we have not had an opportunity to have an inspection done. I read the assignment contract and I do not see any langua...
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Good morning BiggerPockets,i'm new to investing and before the end of the year I am very serious about purchasing a few rental properties in Maryland, North Carolina, and potentially the Philadelphia area. This is a q...
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I live in Southern California.
Is an HOA responsible for damages caused by it's contractors? If a painting or Landscaping company causes damage to a homeowner's property, can an HOA claim no responsibility o...
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We are in escrow, and have learned that there is a reverse mortgage on the condo in escrow.
The buyer assures us that he has enough funds to cover anything debt over the purchase price. We are of course concerned that...