Atul Mathur
Do you need to use a licensed electrician/plumber etc.?
Is a landlord required to use a licensed tradesman when doing work in your unit. I'm thinking of smaller handyman type jobs like changing a switch, replacing hoses on a washing machine etc.Is there any potential for...
Wade G.
Owner Finance Question
In 2012 I sold a house by way of owner financing with a seven year balloon. The buyers are now refinancing with a bank and paying me off. The title company wants to know the payoff amount which is easy enough to see...
Ernest Quallis
Setting up an llc w/ spouse w/ homes in multiple states.
hello, all.I own 1 property and closing on another in ga, 1 in norfolk virginia and recently put in an offer on another property in virginia. My wife and i are needing to create an llc to get protection, tax benefits...
Marion Lee
I'm looking to do my first BRRR Deal
I'm looking to do my first BRRR deal in the Hampton Roads area (city of Hampton). I've been pre-qualified with a traditional lender and have been submitting offers through my agent but getting beat out by cash offers....
Steve N.
Looking at buying a 2nd house
Hey guys,I have a friend who is a carpenter/handyman, he owns his own company. Well we were talking about the idea of flipping houses together. I can tell you my friend has never been good with money at all so he does...
Christian Malesic
You Pay All Transfer Taxes
This is a reminder to all REO investors or would-be REO investors:
If your state has transfer taxes that are normally split between the buyer and the seller, most banks make you pay both sides on REO deals.
Be sure ...
Frank Rizzo
Smart locks for long term rentals?
I own a couple of long term rental properties 60-90 minutes from where I live. I don't use a management company and am trying to create systems to run my business without driving back and forth all the time. I am thin...
J Corona
Home Insurance claims
I have 4 properties and have had a bad run of insurance claims on 2 of them , now I have a damaged roof on the 3rd one. I can patch it for $600 or put a claim for total loss. This property in 20 years has no claims
...
Christopher Almaraz
First Deal - Wanting to get feedback on the details
Hello, I am new to REI but have been lingering and learning for sometime in the shadows. An opportunity has come up, that appears to check most boxes for me. Basically it is my next door neighbor's property that is i...
Bishoy Girgis
FLORIDA BUILDERS
Hey BP membersI own various vacant lots in Cape Coral and Naples and fort myers Florida. I want to build SFH on these lots but am looking for a trusted builder with a good price (I got a quote from various builders ar...