Water bill is very high and no visible leaks
So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we... View more
Legal repercussions of renting your primary residence
Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy.... View more
How much does costar cost?
Can anyone give any insight as to what costar costs? I know it varies, and their website is very ambiguous, but I wanted to see if anyone knew what it would cost for a single license for a small investing business. I... View more
Tenant installs swimming pool without permission
I was doing a property drive-by the other day and noticed one of those Wal-Mart variety 3' swimming pools in the backyard of one of our SFR's. I've never had a tenant install a pool before.
After consulting with my... View more
How to politely reject a contractor?
He came on site to give me a quote the other day, which is much higher than others'. He called and texted me several times asking whether I would accepted his quote today. I don't want to give him any hard feeling,... View more
Water still flowing even after main shutoff
We had a pipe bust and we turned off the water at the main so that we could prevent further water damage and to repair the broken pipe. Well, the water never stopped flowing. It is impossible for us to glue on the... View more
No thinset under cement board
Just went to inspect some work and noticed they weren't using thinset to lay down the cement board under porcelain tile.
When I asked the contractor, he asked his flooring guy who had been doing tile for 25 years... View more
Window in Shower. What would you do?
">I have a foreclosure that I am seriously considering buying for a rental. My concern is the bathroom has a window in the shower. I was planning on gutting the bathroom and doing a complete remodel. I thought I could... View more
Your thoughts on Rent to Own w/ Home Partners of America (formerly Hyperion)
I have a close friend whose realtor has convinced him to apply for Home Partner of America's rent to own program. I believe this company used to be Hyperion Homes.He asked what I thought - I told him I had no idea.... View more
AC cannot cool below 78F
Hi BPers,We have a house that was built in 1984 in Texas. The tenant claims that the AC cannot cool down below 78 F. The outside temperature was around 100 F when they claim this. The AC is running all the time. The AC... View more
Why isn't everyone buying and renting mobile homes? what am I missing?
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for... View more
Building a 4-plex instead of buying one...
I am wondering if building would be better than buying. I live in Portland Oregon and the cap rates for multifamily are around 5-6% max.
My idea is to buy some land, and build a 4-plex on it. House hacking on one of... View more
Cameron dunlap SCAM!!!
Cameron Dunlap offers a funding service for which he manipulatively requires $1000 as a RETAINER and upon completion of your first funding, your $1000 would be knocked off from the 3/4 points charges....he also gives... View more
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of... View more
Can you rent your house to yourself? Let me explain.....
So I am in a weird situation. I have been actively investing in Real Estate for the last 6 months, but have had the idea for 3 years or so. Over the course of that time and during my research and thinking phase, I was... View more
what's a good name for an LLC?
I'd love to hear what y'all named your LLCs. I was thinking something easy.....Stinebaugh Something LLC. I have to think of something for the Something
Cost to put separate meters in older multi family
I am looking at a triplex and a six unit. Both were converted from large SFH to multi family a long time ago. The landords currently pay utilities which I think is insane. I want to know if any of you have a rough idea... View more
Filling out an application before seeing rental
Hello BP- i just purchased my first multi family in NJ. I renovated and listed one apartment on Craigslist and Zillow. I clearly stated in the add; credit, backround check, income verification and refrences required.... View more
How to separate utilities between tenants??? Need help please
I own a triplex. I live in the main house up front which has its own water and electric meter. I have two small homes in the back that share a water and electric meter. How do I handle utilities for these homes since... View more
6 vs 9 vs 12 year water heaters? Which is best?
I've been buying the 9 year water heaters lately from Home Depot and have been thinking about purchasing the 12 year heaters from now on but is there really that much of a difference between a 6 year and a 12 year... View more
Is it unethical to realtor if buyer contacts the seller directly?
A few months ago I was given pre-approval to be a home "much more expensive than the one I was looking at" according to the lender.So I made an offer on a house and did all the inspections and was close to closing when... View more
Tenants Who Pay a Full Year Upfront
Would You Rent To This Applicant</a>". A couple of investors with little more experience than myself seem to dismiss the caution of experienced investors that had some wisdom to share and "vote" for replies posted by newer investors that may not have had a full run with accepting a year of rent upfront.</p><p>My opinion: I listen to my elders on this one and would refuse basically any instance where a tenant offered to pay a full year upfront. My criteria for income, credit, and criminal background are quite reasonable for the area I operate in, and I am not willing to bend them. Any time a tenant offers to pay a year upfront is a huge red flag, <em>even if they otherwise meet my criteria</em>. </p>">Are bad news, according to nearly every experienced landlord I've seen chime in on these types of threads. However, it seems that many newbie investors (some with even less than my three years experience) like to chime... View more
Kris Krohn - Is This Mentor Full of it or Legit?
Is Kris Krohn legit or another guru just scamming people out of their money, giving them false hope? Haven't found many reviews.
Atlanta Condos that allow airbnb, short-term rentals?
Hi, would anyone know which condos allow airbnb in metro atlanta? I know a lot of condos have restrictions on short-term rentals but I’m having difficulty finding details about it. Thank you!
Tub Surround with Window
I seam to always have rentals with windows over the tub, and am conflicted every time I go to remodel because I can never find a tub surround that looks decent and I hate cleaning grout. All I have found in the past is... View more
Neighbors water lines goes across our yard, no easement.
We just finished rehabbing this property and the back neighbor comes out to tell us that his water lines go across our yard. He is claiming a leak and needing repairs. There is no easement or legal... View more
NRIA - National Realty Investment Advisors
One of my investors has a proposal from them that he's considering. I mean, if they are legit we would ALL be investing with them right? </p>">Has anyone ever heard of these guys? There is an old post about them about some work they did in Philly many years ago, but nothing recent. They are based in NJ. They apparently GUARANTEE 12% returns. I'm suspicious... View more
Has anyone used Zillow rental applications? Your experience?
What is your experience with the quality of the rental application Zillow provides prospective tenants for $29? Do you feel it provides sufficient and accurate information?
The Famous "I want to buy your house" Letter! NEED HELP!
So we want to go for deal #2 but there is a problem, the neighborhood we want doesnt have the right house on the market. I know exactly what I want and know the 25 houses in the neighborhood that has what I want. So I... View more
Lender telling us not to buy a car even AFTER closing??
Buying in Nevada, scheduled to close Wednesday, already received a clear to close. We currently have no car and are renting one until this process is complete. I was intending on purchasing one immediately after... View more
Seller doesn't want to extend closing date
Hello Bigger pockets members. I have a contract issue that I could use some advice from some experienced investors or attorneys out there. Synopsis: Seller and I signed a contract on July 3rd 2018. Closing date was... View more
Free Skip Tracing Sites
Hello guys,I'm a newbie to wholesaling as well as real estate in general. I was wondering if someone can give me a list of free sites for skip tracing that I could use until I'm able to make a couple of first deals. I... View more
New Construction Cost Per SQ Foot in Massachusetts
Hi all, I have an opportunity on a property with a house that needs to be torn down. I am hoping to find out what the cost of a mid-grade new construction is roughly in the area to use as negotiation with the seller.... View more
Getting a street number/address assigned to a vacant lot
I would like to acquire some land or a lot, preferably at a low price. Here's the thing: if I purchase a vacant lot, I would want an actual street number/address assigned to it by the city or town so that I can put up... View more
Roofstock review. NEWBIES BEWARE!!
Looks like most of the reviews or case studies on Roofstock are about the closing process. I suppose since the vast majority of investors who’ve purchased properties from Roofstock use the properties as buy-and-hold... View more
vinyl plank flooring is separating
">I've installed vinyl plank flooring in a rental, I really like it but it keeps separating (I helped install this with someone who has installed alot of flooring previously but never the vinyl plank type, so maybe we... View more
Can I caulk over grout?
The grout in my shower wall corners and where the tile meets the bathtub is cracking or completely missing in some areas. Can I just caulk over this, or do I really need to remove the grout first?
How long should it take to install and finish drywall?
Hello,How long should it take a crew of 2 drywallers to install, mud, and sand walls and ceilings in a 1000 sq ft house with 8 ft ceilings? Would 3, eight hour days be reasonable? Thank you.
How to find Foreclosures in Ontario
I am new to real estate investing! I was hoping someone could help guide me in the right direction on how to acquire foreclosures in Ontario Canada?Cheers,Quinton
Is connected overages .com with Bob Diamond legit?
I was listening to a webinar from Bob Diamond with Tax overage business training, does anyone know if this is legit? Has anyone been successful with this?
Anyone experienced with VACASA?
I’ve purchased three cabins-beachfront-great location cabins on 1/2 acre. I want to develop Condos or townhomes but meanwhile vacation rent them to help cover costs. I’m finding a lockdown style 32-35% property... View more
Has anyone reviewed S2A modular? Just doing my diligence
There is a new green modular company out of hemet, ca. S2A Modular Went thru their presentation yesterday. Just wanted to see if anyone else has looked into them. Supposedly they can build a custom or one of their... View more
Anyone dealt with a company LOANGUYS?
For those experts, your input is highly appreciated . I'm a newbie here!My offer just got accepted for an REO property and needs some rehab before we can close the loan and ready for rent.I got call from a lender... View more
JERRY NORTON IS A SCAM ARTIST
I saw his content on Youtube and thought he was legit. After getting a call with his 'Fast Track with Jerry staff' they tell you you need to put your personal savings, 401k, credit cards into paying upfront for Jerry... View more
Text messages for unsolicited offers to buy house -- REMOVE ME!
I keep getting text messages to "Cynthia" regarding selling 7142 W Colter St. Does anyone know what database or service is being used to send these? It must be a fairly commonly used one, as I get several messages... View more
Added second bathroom without a permit, am I screwed?
Hey BP community,My gf bought a condo 3 years ago. The condo is 900 sqft 1bd 1 bath with a loft. We added a full bathroom to the loft area so now the condo is 1bd 2bath with a loft. The next step is to enclose the loft... View more
Anyone seen Blackrock impact on housing and which areas?
I read an article that Blackrock is buying all the houses and new housing tracts with taxpayer dollars to the tune of over 30k houses per year. Turning them into SFR. They are buying above market. Anyone else know... View more