DEAR BOB: About three months ago, my wife and I bought our first home. The seller provided a termite inspection report showing "all clear." We didn't hire our own inspector. Bad mistake, we now realize. About a month ago, we started remodeling. The contractor discovered serious termite infestation in some of the beams under the house. When we contacted the termite inspection company, they denied liability because their inspection was for the seller, not us. The repair cost is estimated at about $5,000.  more...

As longtime readers know, I've been buying fix-up single-family houses and writing about earning profits from these homes for many years. In this three-part series I will share my tips on how to find the perfect flipper properties. (See Part 1: Fast fix to make a real estate buck and Part 3: Being nosey may snag real estate bargains.)

OPPORTUNITY #2 – 26 SOURCES OF BARGAIN-PURCHASE-PRICE FLIPPERS.  more...