I am house hacking a triplex and the unit I moved needed to be fixed up (new subfloor, new flooring, replaced kitchen sink, bathroom sink and toilet, wall repairs, painting, and multiple dump runs). Am I able to dedu...
As title said, a storm knocked off power lines from my property. Now an electrical guy is quoting me more than $3000 to repair. Does it normally cost this much to do power line repairs?
I am a real estate professional. (not passive activity).. I file jointly with my husband who is a doctor and has high income (500k/yr). I have 3 LLC's for mostly flipping properties. I have 2 rentals and 5 houses f...
I am going through reports from my property management company and noticing some discrepancies with pricing from receipts. For instance, receipt for an item shows the total was $19.48 but I seemed to have been charged...
If a buyer is having a hard time getting a loan for a townhouse that a friend wants to sell for $51k, because the bank requires the loan to be at least $50k after 15-20% down, would it be okay for his friend (the sel...
This is my first house I was trying to buy. I did the inspection and have the result. It is old (1956) house and it has more then expected problems. and I want a contractor help to estimate the cost of repair by looki...
I am the owner of a condo just now getting renovated from hurricane Matthew blowing the roof off in Daytona. It came out on the channel 9 news all over Orlando and Daytona. The HOA finally has there end almost complet...
Hi BP, I have a two fold question. I have an opportunity to do a quick wholesale on a deal. I got a call on one of my letters from a seller and the problem is that the house has been vacant for many years. Also, the ...
I have been driving past an old vacant retirement home for the past few months and it is finally up for auction, time to possibly make a move. Here is my thinking, please share your experience to help me navigate thi...
I'm closing on my 1st duplex next week (5/15/17). The current tenant has not paid rent in 2 months due to inoperable heating thermostat, non working oven and broken glass door. The tenant called code enforcement now t...