23 March 2018 | 1 reply
We have done inspections and everything is clean with both properties minus about $2k in repairs.
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25 March 2018 | 12 replies
., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues, pest and moisture reports, walk-through, etc.
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27 March 2018 | 2 replies
This exceeds what the property cashflows for the new owner, by the way.My point is, you create good deals by talking to all parties involved and solving problems.
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26 March 2018 | 5 replies
Sometimes extra work is involved but usually worth it in the end.
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25 October 2018 | 5 replies
Quite title is a long possess also that involves taking out newspaper ads.
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26 March 2018 | 17 replies
@Eddie SorrellIf those market rent #'s are correct, I would clearly explain this to them, and then recommend that you offer to do some minor upgrades to the units for those existing tenants.Put up a fresh coat of paint on the walls, pay for carpet cleaning (if there are carpets), do minimal upgrades to the lighting fixtures, and maybe even throwing in some USB outlets -all relatively inexpensive upgrades to your units that will help force appreciate the rent, even if they decide not to stay.
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26 March 2018 | 5 replies
He was given a longer lease for doing "Favors" which I believe was painting and cleaning his unit and maybe a few other things.But this extended lease was not disclosed during escrow.
26 March 2018 | 5 replies
You want someone that can 1.) articulate to you what you're signing off on; and 2.) will respond to your agent, everyone involved to get the job done.
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3 April 2018 | 8 replies
I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered other opportunities once I networked with other local investors.With a variety of investment options, I met with real estate attorneys regarding required documents and to figure out what their involvement would be with each investment.
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11 July 2019 | 5 replies
I have spoken to an acquaintance that has gone through a program like this and has several years clean.