Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
@Nathan Frost typical for Detroit, that's why we offer our clients several security options, including removing & storing mechanicals when vacant and then reinstalling day tenant moves in.What makes you think the seller will install new mechanicals?
Robert Pole
Fix and flip partnership structuring
10 January 2025 | 1 reply
I will secure the loan for everything.
Melvin Lamont Evans
The Ultimate Guide to Prospecting Pre-Foreclosures: Do's and Don'ts Revealed
18 January 2025 | 0 replies
This lack of competition can allow for more favorable negotiations and greater chances of securing desirable properties.Since pre-foreclosures are not yet on the market, investors can often negotiate directly with homeowners, potentially resulting in more flexible terms.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
If the former, give her options to make sure rent is paid on time and, assuming she starts to pay on time, when it comes time to renew the lease, do not renew it.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.
Joe S.
Buying property with a lease option as an investor
18 December 2024 | 3 replies
Lol Have you done many lease options as a buyer over many year term?
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).
Diana T.
Poconos STR permits
18 January 2025 | 1 reply
In short, securing an STR permit isn’t easy unless you fulfill all the township’s requirements
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.
Ben Hedvat
Townhouse fix & flip Harlem investment
16 January 2025 | 0 replies
I incorporated smart home technology, such as automated lighting, heating, and security systems, which is highly desirable in today’s market.