Russell Pitts
No title insurance for wholesale deal
4 September 2018 | 3 replies
You have to understand what title from a tax sale means......it can mean tons of different things in different situations...redemption period, proper sale, proper notifications, etc.?
Michael Neves
Tenants complaining about rats in they’re apartments!
15 January 2019 | 8 replies
I would suggest using concrete where ever possible and plan to inspect the area where they have been coming through periodically.
Nick Colvill
Buying multiple properties in year 1 - can I keep this up?
24 September 2018 | 161 replies
One of the main reason the last recession took longer than it should to recover were people like you who saw success during the growth period and all of a sudden the recession hit with no contingency plan to keep your investment.
Dean Letfus
Do people ever learn? (Memphis market observation).
24 September 2018 | 147 replies
I also love all of the stories of their cash on cash return, which lasts for a short period of time before the house is shot up or tenants trash it.
Bryan Bannach
Post Harvey - Taxes 2019
7 September 2018 | 4 replies
Now I’m wondering about new properties that I buy later this year and the renovation period lasts into 2019.
Brett Martin
Getting out of a 203k loan
4 September 2018 | 3 replies
Are you still in the inspection period?
Ava G.
What to do with a rental property that has negative cash flow?
14 February 2019 | 6 replies
So I had to shell out cash for the monthly amortization and assoc. fees during this vacant period).Currently, it's been available for leasing for about 3 months after everything was settled.
Gene Altobelli
Delayed financing experience, do banks play ball?
6 September 2018 | 2 replies
Interested in hearing about a personal experience related to delayed financing, where an investor teamed up with a bank to pull money out in a relatively short period of time in order to reinvest equity in another property without the 1-2 year seasoning.
London Elliott
Yet To Do My First Deal
5 September 2018 | 1 reply
[How I think it would go] -> You Find a House -> Contact Owner -> If Good Price buy it and finance it [I do not know how I go about buying the property] -> while financing find a buyer [Not yet sure how to find a buyer efficiently] -> Negotiate and Sell [Not sure on how to protect myself]So basically I just need to know what papers are involved, how do I get the papers, Who do I need to get the house in my hands and then gone.Thank you for any help in advance
Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
4 September 2018 | 8 replies
I would just add that when you do go under contract; have a general contractor with you (if you don't know what you are looking for) during the inspection period to give you a ball park estimate of how much things will cost.