All Forum Posts by: Robert Fornwalt

I have recently started a groundfloor account. seems to easy enough to follow but I did notice that some of the loans that were local to me had misinformation in it.

I noticed that the sales price was different. so let me explain. I found a listing that is located in my city. on the loan info for groundfloor it had a purchase price of 120K. so I checked on Redfin, Realtor, and Zillow. the purchase price would show 91k.

so I asked the realtor that sold it and she confirmed that it indeed sold for 91k.

so my question is

1.why would they say that they paid more than they did? 

2.what would be the benefit of doing this?

I have noticed other listing that I have checked in my area that are also higher than the actual purchase price.

 James thank you for responding. I kind of thought that's what it meant. on a side note just want you to know I'm a big fan of yours. I enjoy your videos and have learned a lot from them.

"Tenants Lease rights protected with the transfer of property ownership." I was looking at a write up for a duplex and this was at the bottom of the MLS sheet.

how much work did a 25k duplex need?

not sure on the process but I'm very interested in how it goes. please keep us posted. and good luck

is it easier to evict on a month to month? it also seems that if a tenant really wants to leave it would be easier for both tenant and landlord on a month to month. 

just checking your taxes are less than your insurance?

you hit a speed bump. you will get over it and so will your neighbors. stick with your business plan.

I'd think you would have to call the police to make a report. I'm sure your insurance will ask for one.

sounds like your neighbor is the better choice for a property manager