Allison Panila
Landlord changed the contract after signed
7 January 2022 | 47 replies
When the garbage disposal crunches through twice as much stuff, it dies faster.The floor coverings wears down twice as fast.
Joey Garrett
Interest rate question
13 September 2018 | 5 replies
If the property needs tons of work or tenants are sporadic in payments you could actually be paying out money monthly and be saddled with debt.The rate and payment given are great. 12% down is just enough to maybe cover foreclosure costs if you do not pay the note.
Travis Raila
Out of state investors - what market did you choose and why?
19 January 2021 | 116 replies
Eliminate any areas with heavy snowfall, (burst pipes and roof damage).3.
Adrian Cooper
I want to get into real estate. Wholesale or real estate License?
14 September 2018 | 1 reply
You will need to do a lot of networking to get "the same level of support" as a realtor gets.Regardless of which path you choose to pursue, you will spend money out of pocket (if you don't have a part time job) to cover the costs of doing business.
Robert Zuccaro
Is Cash Flow Possible Via FHA ?
12 September 2018 | 10 replies
As of now I'm working with my junior realtor (close friend & new to the industry) to source a property where the rent income will be able to cover debt service and operating expenses all while living in one of the units (therefore, removing the rental income of that unit from the equation).
Eric Maury
Looking for advice on a deal
7 September 2018 | 2 replies
The deal he's offering is that I cover the entire cost of the 5% down deposit and renovation cost (closing, miscellaneous, etc.) and in return, we each pull 12k annually.
Luis Prieto
New to real estate, would like advice
7 October 2018 | 24 replies
As long as the rent still covers the payments you should be able to leverage the money to either buy an additional rental unit (using that units future rent to help qualify) OR use it as a down payment for either an equity partner or hard money lender for a fix and flip in your area.
Maria Luna
Is it safe to invest in Detroit???
16 October 2018 | 93 replies
The rental demand is through the roof.
James Green
Tenant lied on application
9 September 2018 | 18 replies
She got caught and is now trying to cover her tracks.
Baraa Yassin
Title company wont close due to redemption right clause
13 September 2018 | 7 replies
Hi guys...hope all well...notsure if this is the right form to post.I have a client that bought few lands in dallas, texas from the sheriff tax sale.The redemption (6 months passed) 6 months because they are empty lots.Got them listed for sale and undercontract...now at the closing when the title company issued the policy commitment...they want to add language says they wont cover the redemption up to 2 years...