Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
Ordinarily those tenant vacated damages would be too remote, but it sounds like they were contemplated by both parties at the time of contract.Were I in this situation I would be looking to state law to determine if the EMD is truly the extent of my potential liability as a buyer.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
And which of those is most beneficial given my situation?"
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Do you still recommend using a real estate CPA or is their tax professionals that specialize in the more simple investor situations like mine?
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties.
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
The only time we will not make an offer site unseen is if we run into a situation where an owner or a realtor won't accept site unseen offers.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
I know I already mentioned this, but @Mordy Chaimovitz...If you can get by with lower cash flow and invest for the long-term generational wealth (aka appreciation) in nice neighborhoods, that is the way to go, but it's tough to get by at times -- at least it is for me.Just know everyone's situation is different, and you should do what is best for your specific circumstances!
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
@Chris MagistradoRefinancing could be done in certain countries and situations.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
When you invest, it is a good idea to have a 5-10 year hold horizon that you are planning for, not just looking at the immediate situation in an area.
Sidney Duquette
Strategies for High Equity Growth Properties: Risk Mitigation, Value-Add, Cash Flow
20 January 2025 | 6 replies
It's dependent on your situation.