Janell E.
Tenant won't leave for mold remediation
A drain pipe disconnected in the crawlspace of a small apartment building. I noticed a musty smell upon doing my routine hallway cleaning (no tenants had complained of smell). Found water in the crawlspace that had re...
Kameron Starr
Tenant not paying utilities
New to rentals as of 1/1/21. Bought property with tenant already living there. Tenant is responsible for utilities in lease but hasn’t paid utilities company yet. I just received notice that they will shut off utiliti...
Caity B.
Rate This Deal / Questions - Purchase to Demolish
Hi everyone - there is a house for live auction tomorrow I am considering bidding on to demolish. The house is about 750 square feet, has a crawl space, and around 100 years old. It is going through probate. I am tryi...
Joshua Holt
Fuse (Main Electrical) / Circuit Breaker (Sub-Panel)
The commercial condo I'm buying apparently has a fuse electrical main system in the common space electrical room in the building (see photos). However, there is a circuit breaker sub-panel system in the actual unit.
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Johnny Munoz
Need Help on Negotiating as a Agent ?!?
Hello BP Community .I'm a Brand new employed agent Really trying to improve my skills on negotiating. As in Concessions and how to use it as leverage. or anything of value. Thank you all in advance BP
Joey Budka
Investment Banks Searching for Profits in SFH Rentals?
Check out this report by Morgan Stanley. Looks like institutional money is moving into real estate investor territory:
[http://myrentalportfolio.com/wp-content/uploads/2011/11/Morgan-Stanley-SF-Report-Oct-2011.pdf]
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Christian Leon
Depreciation: Do or Dont?
Hello all!
First tax season with my rental property and my CPA is asking me if I want to claim the depreciation on the rental or not. I know if I do I'll get more money back now, but then I'll have to pay the taxes o...
Adam Jones
Assuming loan and owner financing questions
Need help with the structure of a deal.I’m trying to buy a duplex across the street from a duplex I already own.I spoke to the owner and she owes 175k on her loan and I’m purchasing the property for 800k. I ask if she...
Marshall Secord
Flipping and 1031 Exchanges
Hi BP, close to two years ago I quit my full time job and started flipping houses full time. I have not yet encountered a tax year where I've had to work through and claim income for flipping, but that is coming up in...
Joshua Enriquez
HORROR FOUNDATION STORY?
Im currently in the process of purchasing a flip, and I had the foundation looked at. The house is off all over the place from 4inches all the way up to 8 inches! Nothing really scares me anymore but WOW!!!!What are s...