Lorenzo L.
First Single-Family Fix and Flip at 21 (NEED ADVICE)
10 December 2024 | 2 replies
Home Inspection Fee 4.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
You see a lot of terminations after home inspections because they are terrified about repairs and basically expect an almost perfect inspection report (on a 60-100 year old home..), easily get cold feet, battle financing issues or sometimes just ghost you at closing.Selling a home to a tenant is probably the better path (lease option), but you really have to work with them every month and coach them to get them ready to buy the home, otherwise, 70% will not execute.
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
My advice to them is you really need to know construction and walk properties (not just look at videos and photos), know the area, have an unbiased local investor do a walk through (if you can't fly there in person), and how to read inspection reports and get a sewer line scope.
Frank Dean
Section 8 rent
8 December 2024 | 12 replies
You'll likely have inspection related repairs every year.
Gio Kattan
Rehab without Permits, PLEASE assist!
8 December 2024 | 2 replies
Lauderdale, FL• North Palm Beach, FL• Plantation, FL• Pompano Beach, FLThese acquisitions were done creatively, assuming the existing loans via subject-to deals without inspections.
Rob Hakes
What the heck just happened.......
12 December 2024 | 2 replies
They find inspection pictures from April showing my capped line from the New Contractor but they are not totally sure.
Michael Perry
Freddie Mac Homes Questions
11 December 2024 | 4 replies
Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.
Alex Collins
First REI Prospect!!!
8 December 2024 | 8 replies
I'd also recommend joining a local Indianapolis based REIA asap. the REIA will provide a group of investors who could get you some contractor recommends if you decide to GC the prop yourself.You said it "needs a little work done" but budgeted $50k so those two things kind of contradict unless the home is a larger home...just curious, what's "a little work", if you haven't had an inspection yet and don't feel comfortable evaluating the costs on your own?
Desiree Doubrox
Coworking/coliving property, beachside in San Jose Del Cabo, Mexico.
11 December 2024 | 1 reply
Check on ownership status before you get into escrow.Get multiple inspections to be able to really determine the extent of repairs.Try to align yourself with the best contractors, had good referrals, but somehow nobody stood behind their warranties.Have a good lawyer and local accounting firm.Talk to locals to see how things are done and what's happening around you.Have patience!
David Shirts
How to find a seller financing deal in either Utah or Idaho
11 December 2024 | 6 replies
It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!