Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
This buyer sent it to the title company to hold.The fact that I am not holding his deposit nor do I have the power or authority to sign the paperwork to get his deposit released just further illustrates how much of a slimy move it is for Josh to try to attack my character.
Derek Stevens
Valuation of unconventional and profitable STR property
26 December 2024 | 18 replies
By improvements I mean that there is power, water and sewer/septic installed and working.
Troy Boister
EIN Corporate Credit / The Unknown Benefit
17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
Arun Maheshwari
Inspection contingency for foreclosure property
17 December 2024 | 3 replies
Quote from @Arun Maheshwari: Hi,Does the bank owned foreclosure property allows to put Inspection contingency for big issues like plumbing, eletricity etc.ThanksIf it is bank owned and the foreclosure has taken place - possibly but they would make you responsible to turn on power and water and turn it back off.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Any move is possibly going to have a learning curve and some unexpected setbacks.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
The chances of you getting all those months of rents in back-pay would be slim, since it will most likely end in a collection agency trying to get the money but a collection agency will get 40% of whatever they can get.What we need to do is somehow find and get a powerful, influential San Diego landlord association together to file a class action lawsuit against the State of California and the Judicial Council to get all missed rent payments so that it doesn't have to go to a collection agency where there's no guarantee of us getting anything back or only 60% best case scenario.What pisses me is that unemployed people in California can apply for unemployment and would have been receiving $4000 / month for the past 3-4 months which is more than enough to pay for rent, food, electricity, etc.
Andre Bertoncin
Buying my first home Denver. $100k saved
24 December 2024 | 9 replies
Take the year to do powerful renovations like the kitchen, adding bedrooms and bathrooms and updating what needs updating (up to the standards of the other renovated homes in the area).
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
We have had a pleasant and unexpected surprise of some appreciation over the past ten years in addition to rent increases to over $1k for good SFHs.
Shawn Nofziger
Real Estate License? Yea and nah?
20 December 2024 | 19 replies
My first MF I represented the buyer on I made 100k. for maybe a weeks worth of work. 3. if your going to be looking a more resi style duplex 4 plex a lot of those get listed and having access to the MLS is far superior to any other on line listing service ONE simply because you will be able to talk to the actual LIsting agent not someone paying for leads.And then of course having access to MLS lock box's and not relying on agents.. this is huge.Now if your maybe going to buy one property sometime in the future and you have no interest in learning the RE laws of your state or making any money with transactional real estate then sure.. its a pass.. although I would still recommend the pre license course so you learn the basics the vocabulary and states unique laws.. knowledge is power in RE.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
It's understandable that unexpected things arise sometimes, especially when you're opening up walls or dealing with older electric or plumbing.