A few weeks ago I purchased a SFH to use as my first rental. It had great pictures, and both agents and the inspector made it seem like a deal.
I flew out to see it and... It is not what I expected. The seller must...
I'm reading a book by Larry Loftis right now. In it he mentions using a buyer-broker instead of a normal broker. By using
the buyer broker he gets 1/2 of the broker commission or 1.5% the sale at closing.
This is ne...
WHOLESALERS, IT'S TAX TIME!!! HERE'S A TIPI know, it's lengthy, but five minutes could save you thousands . . .Working with other wholesalers to buy and/or sell investment properties is a great strategy because it all...
Hey everyone,My upstairs tenant had some leak issues from the attic this past week due to a leaky AC unit. The leak was just resolved, but as a result there are 2 big holes in the ceiling (about 1’x2’). The HVAC guy r...
We are in Chicago and the lot next to ours was just bought by a contractor/builder. He just finished demo-ing the old building and told me that our property encroaches on his (according to his survey) by 4 inches- the...
Inspector tells me this tree is too close and may cause foundation and roof issues. Agent tells me it's not necessary. Who is right?
I build homes and feel like there can be a 1031 use somewhere. If I sell a new build and use a QI can I use those funds to purchase a rental since both are technically investment properties? Very frustrating selling m...
Need Advice from Experienced Investors!
I’m still new to real estate, so my knowledge might not be perfect—please be mindful!
We’re debating whether we should sell our rental property to pay off all our debts. Rig...
Ok, I need help. I am not the one to open up about my finances but this time, I need help. I am 37, and I have a house and a family with 3 girls. My house, I bought it last year for 530000. But I really want to be inv...
Hello BP network,I recently purchased my first single family, out of state property in OH with the intent of renting it out long-term but have come across some major road blocks. I overlooked a lot of details during t...