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I am evaluating a real estate investment in San Antonio that has some foundation issues. My agent received an estimate for $22k. Since I am new to the market, I just wanted to get others' opinion on if that figure s...
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Hello BPers! I just had a tenant call to inform me that they're having an issue with roaches and mice. I plan on going over there tomorrow to visit the property and see what type of condition they are keeping it in,...
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On a 3 story house (plus basement), how do you adequately cool the third floor if the air handler is in the basement? It's been my experience that most forced air systems never seem to adequately cool the 3rd floor...
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Hey guys!So here's the deal. I noticed a house recently in a good area that was vacant and had been so for quite some time. I found out the owner was some kind of bank/government financing agency, and that the house w...
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I'm looking at 4 unit apartment. I'm having a hard time with how much remodeling should I do to it and should I deduct the estimated amount from the offer. I like my properties to look nice. A unit is on the market f...
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Hello Everyone,
I know the 1031 exchange is used to defer the capital gains under the condition you use it to buy another home. Is there a tax strategy for using capital gains off the sale of a home to pay off other ...
What is the most interesting thing you have learned while doing REI? This could be tax related, market related, tips, anything.. I am starting out and love hearing/learning about cool things that has helped investors ...
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We signed a contract to purchase our home from a builder who promised to have the product finished by July of last year. And it is still not finished yet. The builder and broker are very pushy, had us put down 10% ear...
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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...
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Hi,My tenants have recently emailed me about mice. How much of this is my problem. I have rented before and when we had mice, we put out sticky traps. The property is in Chicago and mice come in door in all properties...