Robert Burns
Code Enforcement
Some of the reading I have done talks about following up with the Code Enforcement officials in my area to find houses that are under the Code Enforcement process. Does anyone use this technique to find distressed pr...
Jason Woodson
Insurance Policy during rehab
Hey BP Community,I'm currently rehabbing a duplex and when I called my insurance company they told me I couldn't put a policy on it until it had working electric/plumbing/hvac/etc. I'm sure there must be other option...
Michael Baradell
Grading / Drainage issue. Need advice!!
I have a property I am looking into purchasing that has significant drainage issues. The problem is due to a concrete patio that was poured higher than it should have been and not sloped properly so that any water ...
Thomas Handy
Who's equity is it?
I've followed along on the blogs but just discovered this part of the website. I'm looking at a deal where the seller will sell me his properties that are in a lease hold agreement. He said there's equity but that c...
Nick B.
Power of attorney - what can possibly go wrong?
Hello BP!I found a house for sale where the seller gave power of attorney to sell the house to his brother. Here are the few details I got from the listing agent:A family lived in this house for a long time. Then the ...
Arnie Guida
Keeping Salt Available For Tenants
I've done it, I haven't done it, I've done it...Do you keep salt by the door for tenants to use? I've kept a 5 gallon bucket by the door now and then, but usually it gets over used, and that crap gets tracked into the...
Cooper B.
Tenant divorcing, remaining tenant would not qualify
I know there have been several threads on similar subjects in the past, but I couldn't find any with quite the same details. Tenants moved in 2 months ago. They are both on the lease. They met rental qualifications...
Steven Williams
Statute of Limitations Expired on a Second Mortgage in California
Hello BP Family,I'm trying to close on a deal in Fairfield California before the primary mortgage holder forecloses on the property sometime next month. I'm able to offer about $25k more than the payoff from the prima...
Karen Sanderson
gray wood paneling
Hello group, just bought a property for a rental unit. End row home, LOTS of nicotine, old carpet, old everything.... the unit has lots of gray paneling (covered in nicotine)... thought about cleaning then painting sa...
Kameron Starr
Tenant not paying utilities
New to rentals as of 1/1/21. Bought property with tenant already living there. Tenant is responsible for utilities in lease but hasn’t paid utilities company yet. I just received notice that they will shut off utiliti...