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I have a dilemma with my contractor on a duplex flip. The current situation is he is off the job because on a health issue. He called earlier this week asking for more money in order to meet payroll. My fear is he wil...
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I recently served a tenant a Notice to Pay or Quit. The tenant hasn't paid for 3.5 months and his lease expired on March 1, 2016. I've heard all of his stories ("I'm sick.", "I promise to be out on the 15th, 18th, 2...
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My basement has flooded, possibly due to standing water in one of the window wells. There is water pooling up under the mulch next to the window well on the side of the house, and I can see water seeping into the wi...
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Hey I'm looking for someone with short term rental experience in the Gulf. Mainly in the Panhandle area of Florida and the Gulf Shores area of Alabama. I've done some research and there is still some ambiguity. Wonder...
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I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
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Don't walk away....run away. If you are thinking of doing business with these guys and need some advice, pm me for the details of our 6 month fiasco. These guys are smooth/fast talkers. I don't want to talk badly abou...
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I have an accepted offer on a quad in Louisville. I thought I'd done a good bit of due diligence prior to the offer but since getting the property under contract I'm getting cold feet. I'll explain why in a moment, bu...
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I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
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I recently joined a coaching program ( not associated with BiggerPockets at all ) that claims to be able to take a total beginner with no knowledge in Real Estate to the point of making a successful house flip within ...
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For those who flip houses....or build new ones. Why do you choose one strategy over the other? What advantages and disadvantages do you see with each?