We close on a duplex at the end of the month (yay!) and will be inheriting tenants who have not paid rent since the duplex went into short sale in January (boo).  I am sending them a rental application but they are li...

I’m in the due diligence period for my first note that I found through an online note exchange. It’s a performing note and the  collateral is an SFR in a different state than where I live. I have read the very helpful...

We had just been bidding on a REO and we had supposedly come to an agreement. We had signed an original purchase agreement, but the bank hadn't signed off yet. Then we received a 5 page addendum that nullified most ...

A former colleague who is now a top real estate agent and I are interested in partnering 50/50 on buy and hold properties. Considering we will be contributing equally and distributing cash flows and equity (when sold)...

I know a lot of people get nervous about negotiating. Back when I was a cold caller sometimes I wouldn't even want to pick up the phone. I find now that having a few phrases picked out ahead of time helps me when it c...

I am in contract selling one of my properties and would be doing a 1031 exchange using the proceeds from the sale. I have identified two properties that I want to purchase. I would use 1031 to put as downpayment for t...

I bought a property which had a tenant for the past 20 days only. When I asked the seller to give me the security deposit, he/she refused saying that it was hers to keep. Intermediary broker vehemently defends this st...

Hello, I'm working on purchasing my first investment property and wanted to know what I can expect from a realtor. I have talked to 4 realtors, and it doesn't seem like they want to help. Can someone please let me kno...

Hello All,I am a buyer of a property in NJ for which closing is planned soon. The seller is requesting use and occupancy for few days post closing (ie post closing seller wishes to stay in the property for some days u...

I'm currently about to go under contract on a fully occupied tri-plex outside of Houston, TX. The numbers seem to work ok for me. What scares me is that the owner has just put in a new tenant that does contract work. ...