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15 January 2025 | 7 replies
Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.
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16 January 2025 | 2 replies
Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?
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22 January 2025 | 14 replies
best wishes i dont do gap funding at all.. so no.. not something I would do we do JV deals every week but we have zero debt all cash and we control the process.
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10 February 2025 | 16 replies
Buyers usually want to purchase on today’s value while sellers often want to use future potential of the property (“current rents are below market” or “room to build an additional property”, etc) to increase the purchase price or likelihood of a sale.
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30 January 2025 | 3 replies
I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.
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8 January 2025 | 12 replies
Im looking at purchasing a duplex in middletown, Ohio.
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28 January 2025 | 3 replies
Then start analyzing deals so you get comfortable with that process.
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3 February 2025 | 11 replies
Negative CF, which is what you are describing, means you are buying your property, and making no money in the process.
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23 January 2025 | 1 reply
Any insights would be greatly appreciated as I navigate this process.
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26 January 2025 | 15 replies
Ultimately buying real estate without down payment funds is far trickier of a process.