DeAndrea D.
Why would someone NOT want to sell their property to an investor?
11 February 2020 | 41 replies
They waste a whole lot of your time and do not close the deal.They want possession of the property without putting a dime on the table (owner financing, I'll pay your mortgage (maybe) ...)They only want to resell it for a profit and sometimes with a rent to own buyer while you hold the title to the property and take on the liability while they collect a down payment and rent...and BTW, you were not paid a down, or rent...the investor gets 3 paydays, and you risk a trashed house, liability, eviction, everything with the hope you will sell the house in a few years.
Steve S.
How would you handle a tenant saying there's a wasp nest?
27 July 2017 | 9 replies
If you can get to it spray them.Pro Tip: If they get inside the house, starting fluid (CAUTION - it's ether and highly flammable) will instantly knock them down before they sting.
Divan Steve
How can I invest 750k cash in rental properties 4 the best ROI
25 July 2017 | 9 replies
Buy a little rental, fix it up for instant equity, get some cash flow, then reevaluate your options.
Carl West
Lending my friend 5k
1 February 2020 | 30 replies
Quite a few companies these days offer instant approvals.
David Tiemann
Do I make a bathroom Handicapped Accessible for a current tenant?
31 March 2017 | 35 replies
Not only, in today's day and age of instant feedback and reporting, but even word of mouth and news stations who LOVE someone to demonize, people love to rally around a cause.Requires housing providers to make reasonable accommodations for persons with disabilities.
Ed McIver
Bi weekly rent payments
15 December 2019 | 26 replies
I would only even consider doing this if you have a way to draw funds from her account on her pay day every two weeks this way you can take the payments before she has a chance to spend it.
Cassandra Brown
Renting to Friends/People You Know
14 January 2020 | 19 replies
With MFH/SFH I found it was a lot easier to avoid renting to friends/family because with my experience, friends and family tend to think that you can give them a break on rent, pay you last when payday hits, etc.
Terry Brennan
Tenant is now 8 days late, now what?
9 January 2021 | 17 replies
And if they face eviction the instant they are late, they will either be gone or they will pay the rent on time.Tenants learn when you mean what you say, and believe it or not, there is far less drama when they know you don't mess around.
David Weiss
Sub2 + Wrap = Good Idea?
16 May 2013 | 26 replies
Potential Mentor says that because you're offering owner financing you can typically boost the sale price 10% and the interest 2% (assuming the original owner had an average flat rate) and collect 10% down, creating an early payday plus pretty good passive income.If you can't find a buyer within your option period you walk away, making the risks comparable to wholesaling.
Kasey Gourley
Vacation Rental Properties - AirBnB Location Identification
18 March 2021 | 8 replies
Qualitative research (regulatory landscape, talk to people there- agents/other hosts) You’ll see some markets are instantly disqualified.Tools / data sources- AirDNA and Mashvisor have been valuable to me but not needed