Sandy S.
Pending sale - Buyer wants to extend inspection time to 30 days
Entering into attorney-review of pending sale contract. Buyer is asking to extend the time to complete an inspection from 10 to 30 days. Is this normal? What is the risk of allowing them 30 days vs. 10 days? FYI c...
Daniel Velez
Entering homes before auction - "magic key"
Met a guy at a networking event last night who has supposedly has access and permission to enter foreclosed homes before auction. He said he has a key from all the banks that would let his team enter the homes so inve...
Josh Hooley
Purchasing a Property knowing that it is not up to code...?
I have an opportunity to purchase a local rental property. It is a duplex with both units currently inhabited. The property has been owned by a close, personal connection for quite some time. It is one of the last ...
Jun Zao
Does a Full Basement count as a Unit in a Multifamily House?
On RedFin I found many 2 Story Houses listed as 2-Units or 2-flats but the ads also say that there is a full basement.If so, doesn't that make it 3 units?
Jason Luongo
New Construction Duplex
I have come across a developer that is building a couple duplexs for investors. I have done a very conservative analysis using the lower end for rent and higher end for expected expenses. Please take a look at the fin...
Tyler Kasowski
Buying new home and ready to rent existing home
Hello BP!
My wife and I are ready to upgrade homes and want to keep our existing home for rental income.
We have had a considerable about of appreciation(100k) on the home since we bought in 2011. When we do eventual...
Christopher Dunson
FOURPLEX with MOLD while tenant living there
I just recently purchased a fourplex and am doing some renovation while the tenants are there. To keep this straight forward, I just opened up a wall where there was a bad water heater, because there were signs of mol...
Axel Ragnarsson
Landlord Question - How to approach not renewing a tenants lease?
Hi all,Just a quick question for everyone. I bought a triplex in August 2016 and inherited all of the tenants. The lease on one of the tenants is expiring in 60 or so days and I do not want to renew it (he consistentl...
Alex Khodnev
Main street = tough sell??
Hey guys!!As i'm located overseas, everything I do is just after consultation with my local man. I have no other choice just because I'm not familiar with preferences of home owners/buyers.There was few properties for...
Matt Romano
Home Inspection Reveals Material Deficiency!!!
To material deficiency, or to not material deficiency. That is the big question. But really thats just the subject title. I'm pretty sure I have a decent understanding of what is and whats not considered to be mater...