Joe Benson
closing on first property
3 September 2018 | 13 replies
I've been getting some resistance (naturally) from some family members, so it's a little stressful not having their full support. they think it's a money pit since it's an older house (1920) and will constantly need repairs causing me to lose all my money, and dont like that its out of state (1 hour from where we live, not terrible).
Matt Williams
1920s Balloon frame house - Need to Knows, tips, advice, warnings
31 August 2018 | 3 replies
If you're dealing with a house that you've unclad and will be reinsulating, and the house doesn't have exterior sheathing or some kind of weather resistant barrier (most houses around here just had siding tacked straight to the stud), you're going to have a huge problem.
Gabrielle Martin
Seeking GC for Landscape / Fence in South LA
2 September 2018 | 1 reply
Biggest part of the project would be adding a contemporary fence and drought resistant landscape (with a sitting area) to the front yard.
Thomas N.
Fireplace in a rental
3 September 2018 | 3 replies
I did the same as others and also put in lease that on outside of property there are to be no open flames or grills of any type within 25 feet of any structure on the property.
Melinda Miller
Attic Insulation - keeping rafters exposed.
10 September 2018 | 14 replies
No further need for further vapor diffusion resistance.
Dean Letfus
Do people ever learn? (Memphis market observation).
24 September 2018 | 147 replies
It's easy to get people started because the entry barrier of price is so small, but human nature kicks in and they try to find the path of least resistance and instant gratification.
Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
4 September 2018 | 8 replies
I would call it a red flag if they resist giving you everything you request for your DD document list quite quickly, their speed and thoroughness in response to that shows their willingness to sell imho.When you schedule your inspection you want all your professionals there at the same time to go through a single time, contractor, inspector, and any specialists you think you might need like roofer, engineer, etc.Also don’t feel pressured to make your DD and inspection time as limited as is common in SFR, give yourself 2-3 months at least, again, from when they deliver the docs you request.Besides financial DD you want to do physical DD not just on the property via inspections but visiting the area during day and night, weekdays and weekends, to ensure you have a feel for everything that’s happening at different times all the way around the block.
NA Granola
Tenant refusing to pay rent for extra month
29 May 2019 | 11 replies
I'm tempted to type it right here but I'll resist.
Hayes Mercure
NEED HELP: Potential 1st Deal and Not Sure What To Do
30 May 2019 | 4 replies
And, no, there really isn't a way you can buy it and leave his mortgage in place without a subject-to deal.As long as you are not afraid of being scoffed at, you can tell him, look, I'd normally want to buy this at $100K (I have to resist scoffing at you myself) but I know this is rehabbed and ready to go.
Cameron Riley
Moved in a Tenant who has little kids... READ!!!!
26 June 2021 | 97 replies
If there's resistance after my real world talk, they usually filter themselves out when they realize we run a pretty tight ship and stick to our rules.