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So I made an offer on a 6 plex and we went under contract. It obviously your typical "as-is" sale from a bank so I expected to have to do all the paperwork and CO. But then I get a notice to vacant and demolish due to...
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Hi All, We had a water damage (kitchen faucet leak) in my rental and opened a claim under my landlord policy. Tenants also opened a claim with their renter's policy. Tenants are currently staying in a hotel while the ...
Hi all! I recently bought an ugly home (the interior space, location etc make up for it!) but I would love to get some ideas on what to do to make it less painful on the eyes. The porch needs to be rebuilt and the ...
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Newbie here. Getting my 3rd sfr in 6 years. Not the most torrid pace. So far I'm in buy and hold mode. The equity of my real estate(non primary) constitutes 8 percent of my net assets. I'm hoping to grow it without ha...
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Hi all. I'm wondering what you guys think about using personal line of credit to put downpayment on my next rental. Does it make sense to use cashflow from the property to pay off credit? #ASKBP
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So there is a great 90 year old property that I'm wanting to purchase. There is a house on the property along with a 2 bedroom apartment above and a 1 bedroom apartment behind the detached garage. I'm wanting to hous...
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Bought a fixer upper. Started doing some remodeling, then a tornado came and tore the roof. Water poured into the attic. Soaked the insulation. Ceilings collapsed. Walls were dripping. Cabinets coming off, garage door...
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Hello all… Just trying to get more info before I do my first Lonnie deal. Getting MH park mangers to agree to not charge you lot rent, while you’re getting the MH ready to be sold. Is this a common practice?? Why woul...
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I'm in the process of buying a single family house with a tentative closing of 08/31. During the termite inspection they found old trails with no live termites in the garage. The seller will have to pay $1500 for the ...
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My partners and I recently got a multi-family house under contract. During the due diligence phase we discovered a local ordinance on the parcel which states a multi-family property could not be rebuilt if destroyed....