What are the possibilities of buying 20, 30, 40 lots in areas of Santa Rosa that were destroyed by the fires and sit on them for 5 years? Is there maintenance required? Will the Cities let me just sit on them? What co...
3 am Sunday a tenant smoking on the apartment porch carelessly discarded a cigarette and started a fire that destroyed the top 4 units in a 24 unit building. Fortunatley no one was hurt and the firemen saved the rest ...
I went to check out a house needs to be totally redone but that's not such a big deal because it's a great price. Prob is I'm pretty sure it's got termites. Is it worth investing the time and $$ to determine the exten...
I am going to have to review the book What every REI needs to know about cash flow, but for now I would like to know what ratio you all use to determine costs verses potential rent received. As you work on a house an...
Tenant signed a lease beginning this month. We had the electric in our names until today. New tenants told us they switched it into their names, energy company said that the tenant never called. Now the tenants don...
I just placed a house under contract for 250k. The current market value of the 4/2 2100 sq ft house is 400k. House is in very good shape from the outside. The issue is that the daughter is estranged from the enti...
Hello BP, I'M looking for advice on how to structure a deal. I'm a buy/hold investor and rehabber, and I just "hand shook" on a deal to restore my brother's property and help him rebuild his retirement income/legacy ...
Hello BP!I am officially Moving to Philadelphia but will be working out of an office in Cherry Hill NJ (since I am only licensed in NJ for now). I have had my real estate license for about a year but have closed no de...
Short story is I did the walkthrough on a potential investment property sfh and it needed work but it was an off the mls deal from an out of town investor who had some family members living there mooching off her unti...
First off I call units where doors & walls destroyed mortal combat units.
We purchased a property where the tenant in one of the units shot the whole place up with a bb gun. Walls, ceilings, doors (you could hear...