Yuvaraj Vimawala
Home Insurance claims
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
Bienes Raices
Confused about foreclosure "freezes" by BofA, etc.
I was under the impression that the "freeze" by numerous large banks would affect preforeclosures, delaying them from going to auction until the paperwork is re-checked. But then I heard on news radio that would-be ow...
Mark Yuschak
Title seasoning
I recently bought a HUD house to flip. I bought it in my own name and will quit claim deed it over to my s-corp. I've been doing it this way lately becuase HUD doesn't seem too interested in selling their properties...
Meagan Fernandez
Guarantee Rate Lender
Hello All,So I am researching in order to purchase my first investment property. I live in the Chicagoland area and plan to invest here in the beginning to get my feet wet. I am also taking online courses to get my re...
Danny Day
Inspector questions foundation repair
I've got a contract to buy a house here with no option period ($2,500 in EM right now) set to close on the 22nd.
I got it inspected by a professional and he has noted in the report / spoke with me about that this ho...
Cory M.
Cost to Replace Toilet Fill Valve & Supply Line: Is $365 accurate costs from my PM?
I just got billed $365 by my property manager for replacing a toilet fill valve and supply line. That seems a bit high to me, but I figured I should check before I get too upset about it. Does anyone local to Memphis ...
Ben Leybovich
Value Add Case Study (2 Apartment Communities)
@Sam Grooms and I syndicate apartments in Phoenix. IN that I am sure you are hearing lots of different things from lots of different people, which can confuse and paralyze the mind, I thought a bit of concrete good ne...
Dave S.
Late fees during Covid
What are others doing about late fees for tenants during Covid? Are people waiving them? Based on background with tenant what should I do. I don’t know if the payments are late because it’s affected by covid or not bu...
Stephen Yancey
Investing in Milwaukee, Wisconsin
Hello members,Is there anybody in Milwaukee or that’s investing in Milwaukee that can point me In the direction of an investor friendly title company? Real estate lawyer? Also is there anyone I can sit down with that ...
Milton F.
Lien on property
Hi BP,
I'm in the process of purchasing a property and the seller has an $8,000 lien on property. Seller thought they could pay the lien off as part of their closing cost, but according to title company they need to ...