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Hi I'm a new wholesaler working on a deal where the property has an ARV of $100K and I discussed with the owner getting the property at $45K. This leaves a lot of room for my spread and repairs because the property i...
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We have been working to get an insurance claim processed by USAA for five (5) months. We have given USAA everything they've asked for including all paperwork, police reports, contractor's estimates and other supportin...
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As I understand it when purchasing a "replacement property" via a 1031 exchange, prorated rent, HOA and specifically property taxes should not be paid with the proceeds of the relinquished property. However what about...
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Here’s the deal we are looking at:House last sold for $122,000 in 2008, asking price is $69,100.
There are 2 potential problems with the house:
1.There is a small spot of mold in the master bedroom closet....
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Hello Everyone! I am trying to get a general idea what the cost per sqft is to rehab a property in Montgomery county, MD. I have a contact that is a wholesaler in that area, but I don't have much local knowledge. Than...
Hi guys, hope all is well! I am pretty new to here and I need you professional advice!!I am running into some tenant buyout dilemma in Berkeley, CA. It’s an off-market deal that we are going to purchase a multifamily ...
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Hey BP,I'm going to be submitting my first offer very soon and was wondering what type of conditions, settlement period, financing, inspections etc. is recommended for this situation.The home is a fixer upper in need ...
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Hi, we won a lawsuit against our dubious landlord in SF (I'm a landlord too) as the house was well below habitable standards in many ways and resulted in personal injury and property damage. Out attorney said that hi...
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Got that call at close to midnight that my famous tenant, I call her Bed Bugs, had a grease fire while cooking french fries. I arrived at the bldg to find all the tenants standing in the rain and about 15 firefighter...
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I opened the roof claim to see if the insurance covers everything. The adjustor visited home and based on deduction and deprecation, 45% of the roof will be paid by LM. However, while I was evaluating to replace or re...