Would you invest in a property with significant termite damage? The seller is ‘taking care’ of damages in the first floor unit. But I’m unaware of further damages. I’ve asked my real estate agent if I can obtain the p...
I found an off-market property and went under contract and recently completed an inspection. We knew there were some cosmetic issues that needed to be addressed but when the inspector went into the crawl space it reve...
Might be a dumb question but if it doesn't show up that's an extra advantage, correct? The advantages are that it wouldn't affect your income to credit ratio? as well as perhaps not count as an official mortgage that...
Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
How important is a landlord reference to you when screening tenants? How much do you value it compared to a credit report, income verification, background check?Have you found landlord references to be very helpful fo...
http://www.mercurynews.com/2016/09/14/new-law-prot...So the governor just signed into law this new legislation. The old law stated that if a tenant didn't prevail in an eviction lawsuit within 60 days, their names ge...
I was listening to Pace Morby on the recent BP podcast and he was outlining the advantages of Subject To deals. One of the advantages he mentioned was avoiding inspections, but that goes against what I've always heard...
I am buying an investment property. just finished inspection. Termite damage on door header was noted by inspector. but Seller said they had a contract with a pest control company for treatment every year. Dose it mea...
I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...
Do I have a right to have my Good Faith Deposit returned? I lifted my contingencies on a purchase of a duplex. A few days later I spoke with property manager who revealed BOTH properties had leaky roofs and water dam...