Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...
Inspector says potential standing water issue during heavy rains. Top pic shows his concerns and are the “before” photos. Turnkey company “made the repairs” in the bottom two photos by installing gravel so that wate...
So my first 2 "investment" properties will be closing 10/20 and 10/24. House 1 is with Bank of America and I applied for mortgages with about 5 different banks before I proceeded with accepting BoA. House 2 is with Pr...
Hello BPers,I have a SFH under contract. Everything looks fine (no structure, foundation, mold issues, just need cosmetic rehab). However, I found out that the basement is only 50% permitted per county record but the...
Hello fellow real estate-ers, wanted to share the following experience and get your thoughts:I sold a house (primary residence but was vacant for a year) about two months ago. The house was partially renovated but wit...
Hi Everyone,This is my first post on BP forums. I am a physician in southwest Florida with several small vacation rentals as well as a duplex. We just had our offer accepted on a residential property with just over 4 ...
Hello all,I'm looking for some advice, ideas, heck I'll take general brainstorming at this point from the BP community. Here's the deal:I'm a real estate investor in New Mexico. I'm also a CEO for a small healthcare...
This article was featured yesterday in the Wall Street Journal. Apparently, a new state law will target Airbnb advertisers with fines of up to $7,500 if they violate a 2010 law that bars rentals under 30 days in mu...
Hello All, I am just trying to make understanding of a property one of my realtor friends made aware to me prior to it hitting the market for sale. I have a couple who started to build a home on a property, but midway...
I'm thinking about making an offer on an SFR near me that looks to be under priced but I'm worried about the grading in the backyard leading to erosion and future foundation issues. The front yard grades away from the...