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4 April 2024 | 15 replies
Other things in his LOI were that we grant another option, that we refund the security deposit, that we allow unlimited assignment without us granting consent, etc..I'll go with your option #1 above and simply decline his other proposed changes and see if we can preserve the Renewal concept at a new rate that bakes in his commission (and then some) - if he wants to earn that commission, let him go and sell the package to the tenant.
4 April 2024 | 12 replies
My plan is to pay for the lot mostly in cash, build a quadplex on it, sell my current rental property and primary residence, and move into one of the units.
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3 April 2024 | 1 reply
Who has the best terms and who processes quickly, my neighbor is selling soon and I want to pick it up before it hits the MLS.
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2 April 2024 | 6 replies
I'd pay the loan payments with the proceeds if my STR cash flow isn't enough to cover it but just until I can sell each of the units next year.
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3 April 2024 | 3 replies
Currently in the phase of buying my first property and needed some clarification if I’m getting screwed or not I’m in Rome, Ga and that is where I’m purchasing the home it’s a flip that was a 3 bed 1 bath but has been flipped into a 4 bed 2 bath the asking price is $214,900 originally 230k but the seller wants a quick sell my agent told me we should give them the asking price and ask for them to pay 5k closing close I wanted to ask for 190k and same closing cost but agent said they wouldn’t take us serious so I agreed to agents terms as I’m signing paperwork electronically I see closing cost is 17k since seller is paying 5k brings it down too 12k but being in Georgia I am approved for Georgia dream which covers closing and some of down payment now when I sign at closing I have to pay 6k I’m wondering why is closing 17k my friend bought a property his closing cost was only 10k granted he bought his property for 189k but I feel like my agent isn’t really trying to get me a good deal should I back away from this property, find a new agent, go through with this purchase, or am I getting screwed in the process?
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4 April 2024 | 28 replies
You can always find someone willing to sell you "great investment properties" in Columbus or Detroit or Kansas City or Cincinnati or a thousand other places, which you will have no idea on how good that investment is because you don't know the situation on the ground.
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3 April 2024 | 1 reply
They are about to sell the house in Argentina and want to buy one here (it's worth around 250k).
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2 April 2024 | 5 replies
Congratulations on your first successful project as a DEVELOPER.Put together a nice marketing package that describes the opportunity and sell it.
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2 April 2024 | 4 replies
Selling I save 30k on the Reno budget resting in a 107k sale.What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?
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3 April 2024 | 9 replies
I primarily focus on running the numbers as an LTR because, short of selling, that's my ultimate exit strategy.