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14 March 2018 | 5 replies
Some things I would add to contract are-condition of me remaining owner-conditions of us keeping an owner/manager relationship with the rest of units- contract at market rent with credit of among we agree upon (maybe 8k) I agree, if it gets more complicated than this, I wouldn't do it.
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13 March 2018 | 2 replies
Contract for deed is preferable with 10-20% down, depending on price.
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19 March 2018 | 87 replies
Some people who levered up were hurt bad when rents contracted so you will want some cushion.
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14 March 2018 | 3 replies
I updated the purchase price and submitted a 2nd LOI.2- The seller signed and sent me the LOI back.3- On Thursday, the seller's agent notified me that I needed to send them a contract in order for them to cancel the showings scheduled for Saturday.
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19 March 2018 | 3 replies
I used to use $30/foot as a decent ballpark figure for renovations, but it seems like renovation costs have gone up quite a bit, $40-50/ft has been the new reality lately, but of course it's tough to put a 'per-foot' number on any particular project because everything is unique.Mobiles on their own land can be flipped, just pay attention to the age, anything before 1976 will pretty much have to be sold on a contract or to a cash buyer.
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1 April 2018 | 2 replies
I am currently under contract for a property and working through the inspection phase.Does anyone know of a good structural engineer in the Kansas City area that could take a look at the foundation?
14 March 2018 | 5 replies
You should probably start by identifying the target property and have it under contract (or close enough) before you sell the first one.
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13 March 2018 | 2 replies
Hello All!I've read material through various resources that buyer pays closing costs as long as it's put in the agreement. My questions are... Is this happening in today's market or in your current business model? Wh...
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14 March 2018 | 4 replies
It has been under contract twice and then fallen through, with the listing price lowered once about six weeks ago.
14 March 2018 | 3 replies
Refinance out $60k and sell it to them on either a land contract or wrapcons - land contracts are no no's in texas.