Timothy W.
Avoid having property managers be your rehabbers.
18 May 2008 | 3 replies
Does the management agreement address this apparently clear conflict of interest?
Danielle R
New member in Gamecock Country sayin' hey
7 September 2008 | 9 replies
We've got 5k of the minimum 15k we want to have for house #2 with a planned purchase in 14 mos.I'd love to see my twins investing someday!
Phyliss Twitty
As a realtor, am I allowed to post a listing?
19 May 2008 | 1 reply
You need a minimum of 10 posts to post in our Classifieds areas.
Terry Royce
Putting under contract with no deposit.
5 June 2008 | 13 replies
I always see people mention when putting under contract to assign how do you not put any deposit down, I would think most people would naturally want a deposit, and it would be hard to convince them otherwise.Also, what have you done when you can't find an end buyer and there is no deposit.My purchase sales agreement states this: Default & Timing: If Buyer fails to perform, Seller’s exclusive remedy is to retain the earnest money as full liquidated damages.
Deirdre Vanko
Please help! Should I buy or run?
8 August 2017 | 2 replies
If you were to purchase the property, you would also be purchasing the tax lien and would owe any delinquent taxes.If you plan to finish the construction, you could always use the same contractors and come to an agreement for terms as far as how to handle their unpaid loans.
Mary Hanan
buyer/broker agreement...do you use one with your buyers?
24 June 2008 | 4 replies
Went to the other bank, got upset with the manner inwhich the mortgage broker was speaking to them, (very condensending), so they got so upset, :badwords: they went to a "model home" and bought directly from the builder, (never consulting me or letting me know what their experience was).My broker suggested I get my buyers to sign a buyer/broker agreement...I am not comfortable with them, because as I buyer I refused to sign them, :protest: and found another agent who didn't expect that from me.
Kevin Lovill
Help with first deal
18 August 2008 | 18 replies
If you can come to an agreement for a price that will pay off the lender(s), then you can close the deal.If they don't have equity, you can try to negotiate a short sale.
Danielle Morrow
Need plumbing advice on rental rehab units
28 August 2009 | 3 replies
I have even done whole jobs on the Home Depot credit card for up to 15K and only had to do the minimum payments until the properties were sold or refinanced.
Account Closed
NOUVEAU RICHE-Interesting Review
2 January 2011 | 186 replies
Most of us shoot for a minimum of $100 per door.