Zachary Bradigan
Single Family Direct Mail Strategy to a Large Subdivision
8 January 2018 | 7 replies
Obviously I'd include some language saying something to the affect of "sales price may vary based upon square footage and condition of property" to ensure there is some leeway.I can see Pros to including it because everyone who called would know that I wanted a discount and wouldn't waste my time calling since they'd be ready for it, however I do know I'd likely receive fewer upfront calls and would not be able to negotiate people down on price.Any thoughts on this strategy or has anyone tried this?
Manoj Narayanan
Advice on a Indy property 46222
9 January 2018 | 17 replies
Plus, you will have fewer profits overall.
Jaret Walker
Refinancing on an income property
9 January 2018 | 3 replies
We learned that refi on investment property is more expensive than refi on primary residence, and you have fewer protections in place that primary residences qualify for, so definitely pay attention to the details, disclosures, and fees.
Roger S.
New tenants tried the old pet switcheroo
15 January 2018 | 14 replies
Great Danes: While not normally regarded by the general public as a dangerous dog, this breed has been responsible for several deaths.
Alex Corral
Using the HELOC strategy to buy rentals
2 December 2018 | 54 replies
The danger with this strategy is sometimes the investor miscalculates the ARV and ends up only being able to payoff a fraction of the line, but thats okay too.
Erin Horn
Removing a Tenant From a Lease
16 January 2018 | 4 replies
If Tenant A paid a portion and wants their portion back, they have to work that out amongst themselves.Moving tenants in and out is a dangerous game.
Michael B.
Help Me Understand Foreclosures (Example Included)
6 February 2018 | 23 replies
This is an arena for experts with many potential dangers for the novice investor.Why did an investor not purchase for the $65,444 at foreclosure instead of the $79000?
Dalton Osmanski
Not using a Qualified Intermediary in a 1031 Exchanges
15 January 2018 | 11 replies
The buyer can simply walk away - and no tax savings are worth it.Reversing it and then immediately re-doing it can be considered fraudulent by the IRS.Also, the IRS requires that the original sale and its reversal happen in the same tax year.If you do want to swim in these dangerous waters, get an experienced attorney first.
Susanna Perenboom
Waiting for the right tenants
16 January 2018 | 7 replies
Weak applicants have fewer choices and will accept an over priced unit from a landlord willing to overlook their weaknesses.
Leon Lee
danger of buy and hold in a downturn market
15 January 2018 | 1 reply
What are other potential dangers for investors with leverages in an economy downturn?