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I'm looking at a house tomorrow thats on a slab, not a foundation. i read that this can potentially be a problem if the plumbing is under the slab. how big of a disadvantage is it to buy a slab house? has anyone here ...
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Hello!I am considering purchasing a 5 unit property and then converting them all into condos, then selling them, sort of like a flip. My question is, when I am looking for a lender to fund the initial purchase, what t...
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Hey guys when you fix and flip a house and make a profit what documents do you need handy when filing your tax return.?
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A tenant informed me there is excessive condensation on the windows on one side of the unit. At first I assumed he was exaggerating until I took a look at it myself. It's a north facing wall that doesn't really get an...
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Will a property command more rent if it already has a washer/dryer vs. just having hook ups?
We signed a contract with the seller that stated " Seller to pay for repair costs for the items discovered via inspection" . This is because seller had not done any inspection and only shared the disclosures. During i...
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Hey BP!This is my first post but I've been lurking/reading for a while now. I'm grateful to have a such a great community to work with.Here is my question(s) - I'm working with a guy who has a contract on a good fix/...
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I am working with a private money lender who is funding a flip of mine from a Sunwest self-directed IRA. Does anyone know if they prepare the note and deed of trust for their clients? I worked with Equity Trust before...
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I recently ((Oct 2015) started investing in RE and formed an LLC. I have bought two houses that I am going to flip. Both are currently on the market.The first house consisted of a lot of fix up, much of it done by me....
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Hi everyone!I am new to BP and interested in getting started in REI. My husband and I are wanting to sell our current home, but we have some questions.How does one go about a rent to own in WI?Are there any good contr...