Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
So, he's claiming the home warranty won't cover... fine, what's the repair cost?
David Young
Questions From a first time Investor
29 January 2025 | 12 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Kyle Carter
Sub 2 Financing
7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
It usually doesn't cover for full replacement of your property.
Marc Shin
What Can I do about sound in a duplex with thin walls?
29 January 2025 | 10 replies
Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.
Tim Tafel
How Does Comping Software (Privy, Propwire, Propstream) Get Their Data?
15 January 2025 | 3 replies
A platform that updates their data daily or weekly is covering a staggering cost in order to provide that to the end user.
Robert Frazier
$35k reasons you should always use experienced agents for real estate purchases.
27 January 2025 | 2 replies
After the initial inspection we sent a response to the inspection asking for $21,500 in seller credits to cover the roof and furnace (both needed replaced).
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
I have a one page lease addendum to cover this, that is executed with every tenant and every lease.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Because after purchasing the new rental for $700K that leaves them $300K initially, so take $260K to pay off their mortgage, and still enough left to cover a good chunk of the taxes owed.