I’m in the process of buying a house in Texas using FHA loan. The foundation has a problem where the front of the house is sinking 2.5 inches, the seller agrees to reduce the price so I can use this money to fix it wh...
Costly factors when purchasing a property, especially a buy and hold, are unforeseen costs, especially those that could have been avoided. For example: roofing, sewer, boiler, furnace, fire safety, foundation stabili...
Hi,We have property which was used as child day care , earlier it was SFR and now we are converting back to SFR Building official says It has to follow new constructions guidelines which requires to install fire sprin...
I have a new tenant complaining about steps at a property. From my property manager:"A few weeks back she sent photos and measurements of the front and back steps to the house. She’s correct in that they need to ra...
I found a small multi-family property (4 units, 2BR/1BA per unit) and it qualifies for FHA financing. I am thinking about living in a spare unit (the other 3 units are currently renting at $550/mo each). Has any of yo...
Hi Everyone! Newbie & First time Homeowner here!
We purchased as-is & the previous owner added a detached ADU with a bathroom and kitchenette. This may have been a one car garage conversion but we do not kno...
Hello all,My name is Patrick Ellis, I currently work in construction as a Safety Professional in Michigan. I am just getting into real estate investing in hopes to generate passive income for retirement. I've bought...
Rehabbing our first duplex and spent the last two days pulling up all the grungy carpet from the 90s. The duplex is a side by side with all bedrooms upstairs. We will be putting down LVP floors throughout- but I wonde...
I’m looking at buying a potential house hack soon that is 7 bedrooms and 4 bathrooms. I’ll be looking to get 6 roommates and the numbers are great. Someone in my network voiced concern to me about being potentially li...
Hello all,I am 2 weeks away from closing on my first home, which I plan to turn into a rental property after living there for about 2 years and putting in some sweat equity. Because this is my first purchase I am not ...