29 March 2022 | 0 replies
Slowly and painfully, but eventually got to purchase price both parties could tolerate.
29 March 2022 | 0 replies
Tenant B has been a royal pain in the (choose your favorite describer) since this time period. tenant B agreed he would look for another place and hope to be out by end of March.
4 April 2022 | 1 reply
Reasons why I think I have something to offer:-property sat for 4 months with no accepted offers, was taken off the market for 4 months, and now is back on the market for the same price-I can give them the price they want, which they seemingly have not even come close to if the property has not sold yet (property is a 4 bed 5 bath on a lake, non-distressed)-I believe they will have a big cap gains tax upon sale so creative finance could help mitigate that-without working with a lender, the transaction process is easier & faster-possibility of giving them interest each paymentReasons why this might not work:-seller is under contract with an agent, to possibly do seller finance my understanding is I would need to pay the agent a commission upon sale-seller is probably not even receptive to seller finance if they are selling on the MLS-without being able to talk directly with the seller I don’t know if they have a strong motivation or pain pointDo you agree or disagree with any of my points?
31 March 2022 | 3 replies
We are up to about 40 doors, so we do a little of both… so know it isn’t totally an either or proposition as you own more properties… you may say, let’s cash flow “these” and sell off “that pain in the butt one we hate dealing with”.
1 April 2022 | 3 replies
So, to answer your question, yes that is a fact albeit one that is a pain.
5 April 2022 | 2 replies
Outparcel development is a pain.
11 April 2022 | 2 replies
My biggest pain point with my own investments and those for real estate clients is the need for a dependable contractor!
14 April 2022 | 3 replies
Outside of that, you are mostly just waiting for new inventory to come on the market in your price range and hoping it doesn't get snapped up for way over asking.Since you have a 60 day window, you may have no choice but to keep trying to get approved regardless of how painful the process might be.
16 May 2022 | 7 replies
The VA loan is a pain to use sometimes due to the seller usually moving on to the next offer as soon as they see the VA offer.
15 April 2022 | 2 replies
Any other ideas to get a better sense of how much of a pain/cost this will be to fix?