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8 March 2024 | 5 replies
The title search is the work researching any issues that may affect the title.
8 March 2024 | 3 replies
As an investor and wholesaler I am running into bit of an issue .
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9 March 2024 | 11 replies
When I say I've "successfully added" the clause, I mean I've had a tenant-friendly judge issue a judgement against the tenant, noting in the judgement that the tenant owes the interest too.
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9 March 2024 | 22 replies
You should inform the title company that you'll be assigning the deal to an end buyer, so they postpone the municipal/lien search but proceed with the title search to ensure there are no issues with the title.
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8 March 2024 | 6 replies
I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers.
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9 March 2024 | 9 replies
I'm not saying that your plan can't work, I'm just pointing out that these types of extremely cheap properties usually come with TONS of unique management and sales challenges that don't occur with more run-of-the-mill properties, so you'll want to study up on those issues and have a game plan before proceeding...regardless of what you decide to do, it may be a good idea to consider how you could leverage this deal as a springboard to get you to other, higher-grade properties......the good news is that you're only $5k into this thing, so you're not in too deep...yet...Good luck out there!
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6 March 2024 | 7 replies
I'm seeing some softening of the contract sales market selling mobile homes in my mobile home community.
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7 March 2024 | 3 replies
Pay Near MeI dissuade in person payments by adding a fee to my leases if I need to physically collect rent and if they give me a check or money order I use mobile deposits to avoid a trip to the bank.
8 March 2024 | 11 replies
The property was built in 2018 and the other unit with power had no major issues and all HVAC’s, water heaters, electrical, etc all work fine.
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9 March 2024 | 26 replies
Older homes can be a goldmine for this strategy, but make sure to do a thorough inspection for any hidden issues.