Regarding your question, earnest money, in my experience, has always been documented on the actual sales and purchase contract that you have with the buyer, and not on the assignment fee.

Close to Atlanta, Charlotte, Columbia etc.

I use Baselane and even though it's very simple to set up accounts and to have dedicated credit cards for each property, I do have to watch very closely that the deposits and expenditures go to the right account so I don't leave myself short anywhere.

Purchase price: $195,000 Cash invested: $27,200 Sale price: $259,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022.

When you are running your numbers - be sure to factor in things like the fact you have to close twice - once to buy it, and once to sell it.  

We just closed on a $9,000,000 deal yesterday because our broker knew what kind of assets we like to buy.

The transfer of title could trigger negative covenants in the loan (eg: Due on Sale Clause).

I keep getting a pop-up at the top and bottom of the page and am having to close them out every time I move around the forums or my page refreshes.

Hi Jamie,Yes we’re near hospitals and are in Fresno, CA and I think it’s the law of supply and demand as I’ve seen other MTR host now listing their units for sale due to the vacancy.Yes we’re also listed on Zillow as furnished but no leads there.This morning one student emailed to say she’d like to proceed but we had to give it at cost but she’s renting it from June until Feb 2024 so we agreed.I just didn’t know how to target quality tenants as we’ve declined a few due to inability to pay and bad credit.I didn’t know about student.comThank you for replying.

Now it's close to 100% occupancy.