All Forum Posts by: Brendon Rogers

your fired! find a new agent

@Kalen Mills the person sign and can give up their right of redemption. You must compensate them for it. It could be monetary value, allow them a few weeks more in the home. Etc. but you must compensate them and have proof that you did.

How do I know the bank will not foreclose if I catch someone up on their payments. I’m looking to do a subject to deal and need to spend about 4K to catch the seller up. My concern is that I catch them up close the deal subject to and the bank still forecloses on the property. Property is scheduled to go to auction begging of October.

always crickets when this question is asked.

Any luck finding anything on this subject?

what brand have you had luck with?

I was just wondering if anyone had any insight as to which their favorite stainless steel appliances are to drop in their rentals. Property will probably rent at 1300 a month and in a decent area. 

awesome thank you for responses!

I’ve been curious as to how people are doing their lease option agreements. I initially wanted to buy a property with hard money refinance cash out and do a owner finance to a prospective buyer. (wrap around mortgage) After speaking with real estate attorney he brought up the due on sale clause being possibly triggered in those kind of transactions. He says he does lease option in those kind of situations to avoid the due on sale clause. So my question is how do you run the numbers on a rental property like this? Do you use a property manager to collect the rent or loan servicing company? Does the rent that the tenant pays go toward paying down the agreed price? Then when the option period is up they pay the remaining amount? I’m just curious how people are doing this and how you run your numbers.

@Aliana Rodriguez is property still avail?