Devon Martin
Do you use a contractor for rehabs? Why or why not?
15 April 2018 | 25 replies
@Devon Martin Hey Devon, another approach is to buy something that is relatively stable, meaning that it has tenants and maybe ONE vacant unit for you to move into.
Jamie Rost
Question on the wholesaling process
4 April 2018 | 33 replies
From my understanding, the various phases of a wholesale deal include the following: A call is received from home owner as a result of marketing efforts Provide a range that we (wholesaler) would be willing to offerReview property and required renovations to determine selling price to market to buyers listGet contract signed by home ownerRecord contract with countyMarket property to established buyer listOnce buyer is interested complete the assignment contactReceive deposit from buyer and put in escrow with title companySet closing date with title company for double close Did I miss anything related to the process?
Craig Johnson
Trusted sources of information
6 April 2018 | 5 replies
So what are the regular publications that you use, or web sights that you visit?
Donald S.
Using Cozy.co to perform checks and applications
17 April 2018 | 6 replies
Go to the help page and then screening section and it should talk you thru.I’ve been quite happy with their screening setup.
Moises Acosta III
Problem tenant in my first home that I turned in to a rental.
4 April 2018 | 9 replies
The list is several pages long and basically protects the landlord at every turn.
Josh Stack
Adding Contingencies to Contracts Post DD Period
4 April 2018 | 10 replies
Offer assumes all material facts related to defects or affecting valuation about the properties have been disclosed to seller.Contingent to approval of inspection report of properties. • Contingent upon appraisal of properties equalling or exceeding purchase priceContingent up on securing of financing by buyer.
Atul Mohlajee
Commercia;l properties loans recall after 10 years
3 April 2018 | 3 replies
My wife is uneasy with these types of loans due to the balloon aspect, but I'm generally OK with them, as I keep a solid credit score, good income, ample reserves, and have good relations with many conventional and private lenders.
Taylor Cochran
Deal Analysis:House Hack a 700k Home Purchased for 500k
4 April 2018 | 14 replies
So, you would be essentially buying out your relatives with a loan of $500K, and your portion would be the remaining $100k in equity.
Jonathon Lang
tenant screening applicant denial
14 November 2018 | 5 replies
Its to my understanding that denying a applicant for drug related crimes violates the disability act because the government considers addiction a disease.
Teresa Chouanard
Opening a checking account for LLC
11 April 2018 | 2 replies
Teresa,You can not use personal funds to pay for the expenses directly related to your IRA investments.