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A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
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Looking for peoples opinion on this. I’ve owned a duplex for a year now in Orange County NY which is about 65 miles North of NYC. I have both apartments rented to single individuals that both keep the place clean and...
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BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
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I think that the market has been spiraling into recession well over the last three or four quarters. Technically, I believe we are in a recession now but the media is keeping it quiet. The holiday shopping,GDP decreas...
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Living in California I started investing out of state in 2010. At the time, an investor could invest almost anywhere in U.S. and pencil out a good return. I chose Texas due to what I felt was going to be an appreciati...
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I'm a newbie, and recently attended my local DFW Real Estate Investment club this Saturday. I heard this interesting idea about a buy and hold philosophy in relation to vacancy:
Most investors don't own enoug...
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Hello all!
We just finished rehabbing this property and the back neighbor comes out to tell us that his water lines go across our yard. He is claiming a leak and needing repairs. There is no easement or legal documen...
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Hi BP,I don't know if anyone has had the same issue. I think I have got enough knowledge and capital to buy my first SFH or duplex rental property, but my wife thinks buying rental properties is gambling. She doesn't ...
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Hello,Any advice, suggestions, tips for a eviction court date? Renters owe rent for last month and this month. Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...
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Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...