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14 August 2020 | 2 replies
Being under contract I am doing due diligence and have an opportunity to submit the Request for Repairs asking for the seller to give on some of the larger health and safety things I'm finding need to be done before I move into the house after I conducted an inspection and uncovered lots of baggage associated with an insurance claim for a fire at the property.My questions: - Does anyone have experience negotiating at this point in a seller's market when bigger ticket health and safety items have come back on the inspection report?
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18 August 2020 | 7 replies
Then that's a great deal no matter how you look at it (get a thorough inspection to uncover any gotchas).
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31 August 2020 | 19 replies
BTW, investigation of Donald Trumps business empire reveal the same flaws.
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12 September 2020 | 13 replies
I understand the flaws but you're basing your estimation on actual historical numbers.A statement certainty can be a broker proclaiming he knows why because he's been in the business since the crust of the earth cooled.
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14 May 2020 | 1 reply
If you have any tips you could give me on starting out or see any other flaws in my plan I'd love to hear them, as I'm still very new at this.
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14 May 2020 | 4 replies
I just received results from a judgement search and uncovered a HUGE (100K+) sales tax lien.
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16 May 2020 | 2 replies
My client wants to buy a new home and rent out his current home. Current home value is roughly $258k - he refinanced last month at 2.75% / 30 year and owes $150k. The rental calculator uses the purchase price to deter...
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18 May 2020 | 6 replies
My deal kind of fell into place as there were flaws all over the place with how it ended up.
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23 May 2020 | 6 replies
That might be true, but I consider it risk premium and freedom that I get to worry less and use my time for other investments and things in life.Similar to a stock investing strategy, I would recommend some percentage of such a defensive strategy be part of every real estate investor's portfolio - my personal experience confirms how this strategy works well without flaws and has been tested for a decade now.
1 June 2020 | 7 replies
You’re buying a specific house, with specific flaws, on a specific block, in a specific neighbourhood.