Gaurav Mehta
Buying a property in a potential flooding zone
Hi,I came across a property that is in a potential flooding zone. My realtor outright rejected the idea saying it will be a tear down and will cost an additional 300K.Is it really not worth pursuing the property given...
Jen L.
San Francisco Rental
Hi BP,I'm a long time reader but finally decided to participate! I'm trying to rent out a property in San Francisco. In general, what should I watch out? For the local investors, what special quirk should I be care...
Candace Noel
Note Buyer(s) Needed for Potential Portfolio of Properties in MD
Hi everyone! I'm looking to potentially buy 4 properties (owned by one investor). He's selling them for $170k and says he has a loan of approximately $100k on them. All of the properties are turnkey (recently renovate...
Greg P.
When is it time to fire your Realtor?
Hello, I have a realtor that is giving me a good deal on his commission since I've wholesaled him a few properties. He is also a investor. I've noticed that on his properties when he lists them he does a virtual tou...
Rachel Degennaro
Buying a triplex with tenants no split utilities
Hi, I am in the process of buying a triplex, the 2nd and 3rd floor apartments are both 2 bed 1 bath and are currently rented at 650 including all utilities with no leases. I will be living on the first floor. Market r...
Andrew Heairet
Snow and lawns in Minnesota Duplex
Hello BP. I inherited a tenant in one unit of a duplex in St. Paul, MN on a M2M lease (the other unit is vacant - which I will owner occupy for a year). I’m switching them over to my own lease and need to set snow and...
Account Closed
Prohibited from owning another property for 3 years
Under the Good Neighbor Next Door (for teachers, police, firefighters, and EMTs) program from HUD, you take on a second "silent" mortgage for the 50% discount off the appraised value, and must OO for 3 years to receiv...
Jeremy Michiels
Frankenstein house found - Thoughts on what to do with it
I just walked through a home in North Dallas yesterday that has gone through multiple modifications and add-ons. It's zoned as SFH, but currently housing 2 separate renters and the owner (think 3 plex). The owners spl...
Paul C.
Landscaping: Should tenants handle or do myself?
In terms of landscaping, I see three options at my rental properties: 1) Let tenant handle 2) I do all landscaping and bake costs into rent 3)I do all landscaping and charge additional fee like you see a lot of times ...
Adam F.
Non permitted addition
Scouting a home that the previous owner played builder on. There was a roof leak that created water damage on the floor and ceiling (small areas). My question is how hard and how expensive is it to keep the addition...