I'm currently under contract on a 4-unit building Freddie Mac foreclosure in Baltimore city and the copper pipes have been stolen while under contract. So this deal has been crazy from the get go dealing with an un-i...
Should I be concerned about purchasing a single-family home that may have un-permitted bedrooms and a bathroom added to it? Also how can I find out if these additions have been built with a permit?
I am in contract on a house through Hubzu. The property is listed as a 1/1 960 sf on MLS and tax record, however, Hubzu has it as 2/1 1500 sf. There was a note in the description that says the property is larger than ...
Hi,
I just finished inspection on a home under contract and found some things that were not observable upon the initial walkthrough.
Im looking at requesting a slight reduction in price. How do you guys do that? Do...
BP,
We are three business days away from our closing date and the seller (4:00pm on a Friday) calls my agent and asks for us to provide a price in lieu of making repairs as originally promised.
As an investment prop...
Hello,So the inspection report came back with these red flags, the offer for the house was 300k, then i asked for 25k reduction and they take care of all the hazardous stuff but they said ok for 25k but you take care ...
hey everyone,I just had a general question that I've often thought a lot about and thought I'd pose it to the BP community.Before deciding to get into real estate, I had always considered the real benefit of owning an...
I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...
Hi Everyone, Background:I own a tri-plex in los angeles... rent controlled.. one of the tenants lived there when i acquired the property.. his rent is 750.00 - current rate is approx 3k He has full access to the only ...