Jim Mootrey
Mold: How much to discount?
I am in the due diligence period on a short sale. The inspector found mold in multiple places in the finished basement. The house has been empty since July and the utilities were turned off. I think that is the ...
Pankaj Malik
Tenant threatening to sue and wants to extort money
Hi, My first post so Thanks in Advance.
I have a tenant that moved in and reported Foundation and wobbly toilet upstairs. The contractor I hired finished the Foundation work in 4 weeks and tenant started reporting d...
Veronica Solomon
Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's . All the deeds will be transferred into the LLC's . This is causing absolute chaos for me now with my insurance compa...
Justus Angan
Creative ways to raise $40k?
Tapped into my primary home equity and have a $100k HELOC. Want to secure another $40k for DP without using my reserves. Single family property with ADU. Main house and ADU has long term renters wanting to stay. $700k...
Sandra Evans
I am a great renter. I am harasses by realtors
I have been renting a home through a realty company for 3 years now. I am no longer under a lease, so I’m basically month to month. At Christmas time we were told that owner was going to be listing this home for sale ...
Mary Jay
What is the proper way to deal with the security dep notice if no forwarding address?
The tenant broke the lease and moved out and left a mess
I sent the message that the secutity deposit is not enough to cover the expenses after the tenant moved out to the last known address of the tenant (which is m...
Chris A.
4plex vs 10 plex
Hello, I am pretty comfortable evaluating deals up to 4 units and have a have some experience with how the expenses run for these.A great 10 plex just came up for sale by the bank, and I am curious how my analysis mig...
Dan Dunmire
New house bad fence line.
Hello BP. Well the time had finally come after all the books, research, and searching for a property that fits my investment strategy; I've bought my first house cash. It was a foreclosure the is distressed. I should ...
Daniel H.
Contracts
I recently signed a contract to have some work done on my buildings. I paid 50% upon signing the contract. Before even starting the job, the contractor is saying he talked to his engineer and the job is going to cos...
Diane G.
How to be an "equity partner"?
Not sure if I would ever collect enough guts to become an equity partner, but kind of curious about it.... So thank you pros for enlightening me....1) how to ensure the return OF your money2) how to ensure the return ...