Sharon Kim
Need help due-diligence on Self Storage Development Syndication
My husband and I need to evaluate a Self Storage development opportunity and decide whether to invest 50K of our self directed IRA funds as a passive investment on a 506c TIC deal. The syndicator, and the operator/ma...
Account Closed
Cigarette Smoke remediation
Hi guys,Has anyone ever used thermal fogging or an ozone machine to get rid of the smoke smell? If so, did either or both work well? Looking to get a place rent ready but was previously lived in by a heavy smoker. Tha...
Taylor Robertson
How to structure first owner financing deal?
I'm pretty new to REI. I did my first deal six months ago on a duplex house hack that's gone great so far. I'm eager to do more deals but capital is my biggest issue.
I was notified today of a family member of mine ...
Wesley W.
Costs of failed transactions
Hello All,Well, I've had two small multi-family deals fall through over the last 12 months (I'm the buyer) over inflexible/unmotivated sellers after very unflattering structural inspection results.I can't help but fee...
Justin S.
SKUNKS SPRAYED A UNIT
I am negotiating a MF and one of the units is vacant and a skunk got in and sprayed. Im wondering if anyone has ever had this happen and if so what is the best way to get rid of the smell? I want to make sure its no...
Bruce D. Kowal
Material Participation - an unexpected trap
As some readers of this Forum know, there are two types of participation for those seeking the use of real estate losses: Active Participation and Material Participation. For REI over a certain income limit, in orde...
John Waterhouse
clean up help...
I rented my duplex out to some druggies (no, i didn't do a background check and yes, i will DEFINITELY do that from here on out), and they left the stench of meth and cigarettes in the place. I've painted and it just ...
Michael Hollinghead
Renter is smoking in the house...
Just got a new renter in a prop, and forgot to mention "no smoking" . Sometimes you forget some people still smoke inside. Ok , Going forward , is there an accepted form of testing to prove someone is smoking in a pro...
Wesley C.
crawl space fungus
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...
Craig Curelop
Noise in Bottom unit of up/down duplex
Hey everyone,So I am house hacking the bottom unit of an up/down duplex in Denver. Overall, things have been good, but my biggest problem is that the ceilings are paper thin. I can hear EVERYTHING the upstairs tenants...