
7 January 2025 | 24 replies
Also, the idea separating them is so you don't accidentally spend them and then no way to pay it back when the time comes.Some states if you don't refund the security deposit within X amount of days, the penality is that you will have to pay back the security deposit x2.

9 January 2025 | 18 replies
If the opposing part comes back with a different” number(s) or terms, I politely reject it and reiterate my initial and only offer.

9 January 2025 | 107 replies
I am back to getting the house rehabbed.

12 January 2025 | 6 replies
This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

10 January 2025 | 8 replies
Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land deeded to the seller under the property I was under contract for.

6 January 2025 | 12 replies
Property manager (PM) 's lawyer continued the case to get the unpaid rent from the tenant.PMA between landlord and property manager(PM) has also expired so landlord got the property back , but when landlord requested to settle the account and the deposit( there is one month deposit from landlord also), PM refuses since the lawsuit is going on with the tenant, Additionally PM is still charging the monthly property management fees from landlord even though landlord is managing the property.Landlord is done dealing with PM and requested the PM to withdraw the lawsuit against the tenant ( landlord is aware that he will loose 2 months rent), PM came back saying they cannot withdraw the lawsuit since that will violate fair housing law.QUESTION:Does withdrawing unpaid rent case against the tenant violate fair housing law ?

6 January 2025 | 11 replies
Ideally a HELOC is used for less then a year project where you can refi or sell to pay back the HELOC. 5 years is a long time, things can happen and if you reduce the cashflow on both properties you'll be increasing the risk and having thinner margins.

7 January 2025 | 1 reply
If I understood what I was getting on the back end I would have done this sooner.

7 January 2025 | 4 replies
so if you're impatient and just buy something random it's not going to work and you'll just set yourself back.

11 January 2025 | 12 replies
Many investors will 1031 exchange into another property and list DSTs as a back up on the 45 identification form incase the property falls through.