Would you invest in a property with significant termite damage? The seller is ‘taking care’ of damages in the first floor unit. But I’m unaware of further damages. I’ve asked my real estate agent if I can obtain the p...
I think this is the 1st time an insurance inspector has visited my multifamily in the 23 years I've owned it. I live here and use the basement as storage and workshop, and that my biggest concern. I figure I need to h...
Hi all,I would love your feedback on a couple of clauses in my lease agreement. Does this make sense? What I want to say:- Before going to court, let's use mediation.- We each pay our own mediation fees.- List the usu...
Hey BP world!! I am happy to say I am officially under contract on my first property!! The property was a succession sale that I got at a great deal. The property was inspected today and the inspector discovered th...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $110,000
Our first home purchase is our primary residence and first house flip. It's is a long term flip; estimated 3 y...
Our tenants were in a house for 6 years. It was in perfect shape when they moved in. The place was a mess when they moved out: Damaged countertop, damaged sink, broken garbage disposal, filthy carpets and other floori...
What are some of your opinions on buying property in a superfund site?
I got a response from my yellow letter campaign. However the property was recently lead abated. What impact will it have on a prospective tenant when I have to disclose the fact that the property had in fact lead in i...
I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...
Greetings all. Ive been lurking around for quite sometime and finally joined.
I myself am a young investor who recently got into residential and commercial real estate on the side a year ago. Not only am I an investo...