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Results (4,441+)
Amer Swid What do you think about this deal, go for it or dump it
8 February 2024 | 5 replies
You made an offer for both properties for $300k, then the inspection revealed lots of issues needing attention, though not major ones, so you offered $280k asking for a reduction in price.
Todd Krzeminski Wyoming Bank Required for LLC?
28 March 2019 | 24 replies
I am not so big on the claims of anonymity as depositions and interrogatories can make you reveal ownership status in most cases. 
Alex Silang Do you tell your coworkers about your real estate properties?
8 March 2018 | 60 replies
Revealing to anyone, other than another investor, that you own an apartment building-well nothing good will come from that! 
Account Closed Just bought my first rental property - Should I do STR/MTR/LTR?
24 April 2023 | 22 replies
Here are some tips for vetting potential tenants:Require a rental application: Have all potential tenants fill out a rental application that includes personal and employment information, references, and a consent to run a background check and credit report.Check their credit report: A credit report can give you insight into a tenant's financial history, including their payment history, outstanding debts, and credit score.Run a background check: A background check can reveal any criminal history or past evictions, which may be red flags.Verify income: Make sure to ask for proof of income to ensure the tenant has the financial means to pay rent.Contact references: Reach out to previous landlords, employers, and personal references to get a sense of the tenant's reliability and character.Conduct an in-person interview: Meeting the tenant in person can give you a sense of their personality and demeanor, which can be important factors in being a good tenant.Trust your instincts: If something seems off or you have a bad feeling about a potential tenant, it may be best to pass and keep looking.By taking these steps and thoroughly vetting potential tenants, you can increase the chances of finding a quality tenant who will be a good fit for your rental property.Good luck and keep us posted on what you decided to do! 
Miranda G. Seeking Insights on a Complex Real Estate Deal with Legal and Tenancy Challenges
26 December 2023 | 3 replies
It was marketed as three income-producing units, but due diligence revealed legal discrepancies in rental permits.I revised my offer to about 25% lower than the original, reflecting these findings.
Jayson A Davis 1/1 Condo Investment Property in Tamarac Florida
12 December 2023 | 1 reply
Due diligence revealed that a purchase price of $137k or less could result in 19%+ ROI, $1k+ cash flow How did you find this deal and how did you negotiate it?
Edwin W. Double Closing
17 December 2015 | 9 replies
I thought a double close would stop you from revealing your profit margin on the contract but with due diligence anyone can find out it would be public record
Cody Z. Under contract with a cracked foundation/joist and leaning piers
27 February 2019 | 13 replies
Then we dug into the foundation to reveal the footers.
Matt Brown Pier and Beam Foundation Issues
16 March 2019 | 1 reply
When I know I can get the floors sturdy, then I shift focus to these priorities in this order:- Functionality of exterior doors (doors MUST lock and latch for security)- Functionality of interior doors (fit in their pocket latch properly with good reveal on top)- Levelness of trim (counters, windowsills, door frames, chair moulding and any other trim as level as we can)- Levelness of floors (I we fix the first three...the floors will be whatever they must be)What drives the cost to a P&B:- Elevation off the ground / access to interior (sometimes the only opening is on a remote closet inside)- Amount of termite/wood rot damageDon’t be scared by a P&B, they can be great homes, just may require a little more TLC or periodic maintenance in the form of reshimming and adjusting.  
Kyle Laffey Inspection revealed "notable lean & shifted piers" (CA)
5 August 2020 | 7 replies

New buyer here with an offer on Duplex in Bay Area at a great price but inspection came back with the following:
Notable Lean (click for picture)
"This is the view from the dining room. There is a notable lean, as s...