I am starting to rehab properties in Michigan state but live in another state, so I work from a distance. I have already rehabbed one property and it is rented out, but I tried another contractor for this second house...
Hello BP,
I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out. When we move, we'll own the first house free and clear, but are c...
I have a 12 unit apartment building under contract. The building is located in downtown of a small Ohio town that is trying to revitalize the downtown area. Every unit in the building is in need of repairs, there is a...
What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
Hello everyone. Throughout my studies I've discovered that it is possible to perform a fix and flip with no money on your part, as long as you do the work. What this apparently requires is for an individual to approac...
Hi, I know this is a tired topic, but I honestly don't know how to handle this since I'm not at the property myself and it isn't a situation where the police have been involved. Tenant 1 is complaining about the noise...
I am under contract for purchase of my fifth investment condo in Chicago. I have hit an unexpected issue on financing, and cannot qualify for a traditional mortgage (bad move filing 2017 taxes under schedule C!)I woul...
I had a real estate agent come and look at my house. I owe $140,000 on the house and real estate agent said well can sell our house for $260,000. I have only been in the house 5 years and property keeps increasing in ...
A friend from my REIA was talking to me about how to make offers, and he (and other sources I've looked into) suggest making 2- or 3-part offers to increase the odds of my offers being accepted. As an example, he sugg...
My conscience and pocket are not agreeing right now. I'd like to get some input from the BP community. I am going to be wrapping up a flip in a few weeks. The Realtor who worked with me to buy it was amazing in every ...