Taylor Vallies
House for sale, lis Pendens owner bankruptcy file.
3 September 2016 | 6 replies
Foreclosures that are actually a good deal are rare and you can easily get burned if you don't know what you are doing.
Ryan Conklin
Out-of-State Investing in Cleveland
8 September 2016 | 19 replies
Maybe not right away, maybe not for a long time but eventually you will get burned and if you get burned on a property 2,000 miles away everything is more expensive because you are paying someone like me to do it for you and I do not work for free.Investors with small portfolios need to know that they can afford to cover the holding costs of the properties when there is no rental income.
Brian R.
Using Buyers Agent vs. Listing Agent
10 September 2016 | 6 replies
Where people tend to get "burned" when signing with a buyer's agent is in a scenario in which you find the property, but you may still owe your agent a commission because of them being a procuring cause of the sale.
Hope S.
Extreme water damage, mold, hoarders and the kitchen sink
20 September 2016 | 17 replies
Figure out what you have into the property for total cost and than run a highest and best use analysis.This should tell you whether to rehab what is there or tear it down and build something new with the same asset class or a totally different asset class ( commercial, etc.).Additionally once you find out the highest and best use then look at the TIME required to develop that use and receive income from it or sell off.Some people will get the fire department to do a "controlled burn" on the property and use it as a fire exercise.
Raad Qumsieh
Inspection Contingency
7 September 2016 | 6 replies
It may cost a few bucks, but you won't be burning bridges.
Kyle Krason
My entire 4-plex just went delinquent at the SAME TIME
24 August 2017 | 42 replies
Have I been burned?
Matt Hazlett
First deal and need help with some issues
23 August 2017 | 3 replies
If your 4-plex were to burn down and zoning would only allow you to replace it with a single home, that could be problematic; ie what would the insurance company pay to rebuild?
Cheryl Butler
Fear of being stuck with an enormous utility bill
24 August 2017 | 3 replies
A tenant could also burn your property down or a host of other issues.
Khalid Powell
City development/path of progress
24 August 2017 | 2 replies
About 15 years ago, I talked to them about plans that may affect a burned out triplex on Oakwood my partner and I were trying to buy.
Jared Cauffield
Why do you invest in real estate?
27 August 2017 | 49 replies
It feels like I'm stuck in some sort of limbo between "I want to make a lot of money" and "I really want to help a lot of people.On one hand, there sits a burning desire to help people, which has been a part of my personality for a long time.On the other hand squats a selfish guilt in wanting to make a large amount of money.