Patrick Britton
Earnest money amount
1 May 2015 | 18 replies
On the numerous other homes that were around the same price point that we submitted offers on prior to purchasing this one, our EMD was $500-$1500.
Daniel Paloscio
How do I conduct my due diligence before an auction?
4 September 2014 | 10 replies
In Florida auctions, the 5% needs to be in the Clerk's account prior to bidding, then the remainder of the bid price plus Clerk's Fees, Doc Stamps, etc need to paid by noon the following day.
Dan Bee
Tax Deed Sale Encumberances
1 November 2016 | 5 replies
My mother asked me about what happens when the previous owner (prior to me) has a mortgage on the property.
Account Closed
What a roller coaster ride REI can be!
5 September 2014 | 2 replies
I had to wire the money to the closing attorney, but they actually sent me the wrong wiring instructions.
Anil Samuel
Lakeland FL investor friendly agent
7 October 2020 | 6 replies
I have very little experience with prior deals, but am trying to extend my network with hopes of doing something in the SFR space by year end.
Ondrece Love
Repairs made during redemption period in Texas
10 September 2014 | 6 replies
The only way to get it reduced, is find the prior owner offer them some money to sign a quit claim deed on the property.Your second is a grey area for Dallas (liberal Judges).
Vonetta Booker
Newbie questions from the lender side...
6 September 2014 | 6 replies
Then you rent out at or just below market to get tenants quickly after carefully screening your tenants - including criminal check, credit check, calling prior landlord (or two) and calling employer.
Michael McCarthy
Just Purchased 2 Properties in the Cleveland Area for Rental
12 September 2014 | 6 replies
Prior to purchasing these properties, I struggled with the question of buying locally or remotely.
Cal C.
The Landlord is in charge the tenant is not!
8 September 2014 | 14 replies
Heck, I was accused of giving terrible advice when I posted it in a thread in which the landlord was being given instruction by the tenant as to when the landlord could access her property!
Bobby Beard
Auction property won / tenants in place
8 August 2015 | 4 replies
Though the home is a foreclosure, who were they paying rent to prior to you purchasing?