Adam Wise
House flip to buyers specification
9 March 2017 | 6 replies
A retainer of 10% of the agreed upon purchase price would be collected up front.
Tatiana Duarte
Aspiring buy and hold investor from NJ
23 May 2017 | 24 replies
The theory is, if you do not fix a broken window, the signal to everyone is that we do not care as a community.
Terry P.
Satellite placement on roof
24 July 2017 | 5 replies
If they are able to install on a pole with no extra expense or other burden (like a degraded signal) you'll be okay.
John Jackson
Was this mortgage fraud?
7 September 2019 | 130 replies
John its America anyone can go on line on Social scamming media file complaints hire lawyers file lawsuits you can do it all.I think feed back your getting is that even though all these avenues are open to you.. the end result will be nothing but a lot of your time .. and depending on your personality stress.... especially if your attorney wants a 10k retainer and starts billing you then 3 years from now your into the deal 50k and lose.
Toshi Taniguchi
5k a month in 5 years , starting with nothing after college
13 February 2018 | 6 replies
Perhaps you can get equity credits for any particular skills you have which are instrumental in putting together bigger deals; or secure private money and deploy it generating greater returns than your cost of capital.Rapid expansion and retaining enough liquidity to absorb negative volatility if it comes is a careful balancing act.
Cj Chuchman
Buy and hold curiosity
9 April 2018 | 7 replies
The properties I have retained are for the purpose of supplementing my pension now that I am semi retired.Unlike most that leave their equity sitting dead in a property reducing their return in investment to nearly nothing my properties are as close to 100% financed as I can get them.
Dan K.
crazy flip issues...anyone encounter this?
11 June 2018 | 3 replies
If the buyer has a financing contingency and the lender won't do the deal at the agreed upon price, it's most likely that the buyer can get out and get their deposits back.If you had a clause that disallows a cancellation of the sale due to appraisal, then you could either force the sale (sue for specific performance if necessary) or retain deposits - again, depending on how your contract is written.Back to the appraisal, I wonder how the lender would have handled it if you bought the property from a family member for $1,000.
Lisa Donaldson
Newbie investor living in Singapore
28 December 2019 | 26 replies
It’s more efficient to spend $50-100 to notarize the POA and have your delegate sign all the closing docs state-side.
Andrew Angerer
Quality vs replaceable?
11 December 2018 | 4 replies
Carpet is guaranteed to have problems, retain smells, need cleaning, get stained, burned, show wear patterns, and furniture marks.
Tom V.
Trust-held assets and 1031 related-party limitations
3 August 2019 | 3 replies
If we recorded a quitclaim deed signed by my wife (signalling her lack of ownership in the property) could I then demonstrate sole ownership of the parcel (and thus not violate the related-parties prohibition for an exchange?)