John Teachout
Tax treatment of cheap house sale that was never rented.
We purchased a fixer up house a year or two ago that we decided we didn't want to fix. We bought it cheap and sold it cheap. The sales contract price is $10,000. We probably have $7,000-$8000 in it and essentially jus...
Lee Griff
What would you do with 60k
Greeting everyone. I've been in the background here for a long time and wanted to revisit my situation.
I own free and clear a 60x80 lot zoned c3 by a main hwy.
option 1 is to put up a 30x50 steel building , co...
Stephanie Salas
Mold remediation options
Good day! I have a duplex I am highly interested in purchasing. In fact, close to pulling the trigger per se. But, inspection came back revealing mold in the attic.Seller wants me to split the costs to remediate the m...
Adam Anderson
What improvements do you make to your rental properties.
This has been asked before, but I want to ask the question with a bit of a spin. 1-What is your favorite improvement you like to make to your properties to increase rent you can collect? (Made up example: I like to in...
Sandy Uhlmann
Selling a Rental Home on a Lease Option: Can I offer to pay a portion of closing costs without violating DF?
I have a rental home that I now wish to sell. I renovated it after my tenants vacated and it is now totally updated. Unfortunately, it is priced a bit higher than the rest of the neighborhood and it has not sold yet...
Pablo Hernandez
Basement Waterproofing Costs
I’m currently in the midst of renovating a property in East Nashville and one of the top priorities is waterproofing the basement. What is the typical process for waterproofing?What should I make sure my contractor d...
Allen L.
under contract on a property with mold
Hi guys, I'm currently under contract and doing due diligence on a property with mold issue. The property has a crawlspace foundation and due to it being an estate sale, the utilities haven't been turned on in a while...
Maurio Eley
Sellers are Getting to Me!
I'm in the process of buying my 1st rental property buy there are some issues. It's a 2/1 and has been renovated decently so as far as the living space it's in great condition. The problem is there was some things no...
Tara L.
Is This Deal Worth Pursuing???
ALL:
Good afternoon. Can you please tell me if I should pursue this deal and if so, what type of purchasing options would you propose to the seller:
The person is selling 7 SFHs for a total of $98,000.0...
Kim Hud
$190k Renovation on Fourplex in Virginia
Yesterday I posted about the deal I’m working on and there was a lot of discussion on the $190k renovation (Original Post Forum: https://www.biggerpockets.com/...)Sharing the renovation plan to get input on cost benef...