Kyle B.
Cost of building a garage
Hoping to get some input from rehabbers who have done this in the past. I'm looking at a property that does not have a garage, although it does have the slab where a garage once stood. All of the comps in that area ha...
Curtis Mears
Does Anyone Use Early Termination Fee
In North Carolina, landlords are required by law to find a new tenant if an existing tenant decides they wish to break the lease for any reason. The existing tenant is only required to pay rent for the time before a n...
Account Closed
Doing a full gut - leave attic cellulose insulation or replace?
I'm fully gutting a single family house. I have the lathe and plaster out of the finished attic and there is a ton of cellulose insulation behind the walls. Should I leave it in place or dispose of it and replace it?...
Chelsy C
Have any of you as a flipper being sued by buyer?
The current property I have with some termite damage, and we have the termite company treated it. But we only replace all those termite damaged wood which is visible. Also some of those woods were covered by another l...
Jeffrey Johnson
Selling primary home
I have a question that I hope will have a somewhat easy answer.
the wife and I would like to move out of the area we are in now. Our home price has dropped probably 50k. We are not underwater bu...
Anton Bieliauskas
Lease Renewal Question
Hi,Newbie question. My current tenant's lease is up in a few months. My property management company emailed me and said they are folding and will cease to exist in 2 weeks (no big loss, they were a nightmare). I'm ...
Adam Dassie
Help - Thumb rules around the country.
Hello BP,I am new to the site and have been reading and listening to podcasts for about 2 week. In that time I keep noticing people mentioning thumb rules they use when looking at properties. I have seen things like t...
Brandon V.
New Property - Inherited Tenants Questions
Hi All,I just got an accepted offer on a four family building! The good news is its all rented out. The bad news of course is seeing some of the leases. On one of the leases it states that the Term is for 12 months...
Paul Wirth
Buying a property management business
I need some advise as to how much to pay for a small property management business. The owner charges an average of 7% of gross rent and 50% for lease up. I've been told to buy the accounts and not the business for lia...
Page Huyette
Doing a wrap on a vacant parcel with owner carry
I own a vacant parcel in a desirable part of town that we purchased as part of a package agreement with a seller (buy this one with the other and we'll give you a deal). There were a few complications with boundaries...