Alex Young
Signed Contract, No closing : Lawsuit?
28 October 2018 | 19 replies
A suit for specific performance is the only avenue, but that is both costly and a long road to go down.
Miguel Binet
Wholesaling VS Fix & Flips in Florida
26 October 2018 | 1 reply
New to REI & BiggerPockets so excuse my “Newbieness”I would just like some information about both and a different perspective on both.
Michael Nathan
"do not rent" database
9 March 2022 | 9 replies
Real estate is already an extremely litigious realm with serious past accusations of discrimination, and a database like this would lead to a ton of lawsuits against anyone who built it and its customers I can imagine.
Jacob Fisher
How many rental properties do you have?
27 October 2018 | 3 replies
I own 1 rental. and as soon as that tennat wants to leave then i will own zero rentals.
Dustin Woodley
Tricks of the trade... What is yours?
11 January 2020 | 81 replies
Run the washer machine (keep this part out side) hose and a garden hose to the washer hookup on the house you need water on and now turn the outside faucet on.
Peter Kim
Fastest way towards owning multi family property with $10k cash
26 October 2018 | 2 replies
With only 10K the fasted way is like to drastically modify your life style to embrace the frugal and save every penny going forward until you have enough for a DP, closing costs and a reserve fund. $10K after closing costs and holding back a reserve fund will leave you about $5K for a DP.
Xai Xiong
Determining ARV with odd comps?
26 October 2018 | 3 replies
For instance, the duplex next door to subject property is a 3/2 duplex no garage sold for 325k and a duplex 6/2 more than 1/2 a mile away sold for 300k.
Owen Hehmeyer
Post mortem on my first deal in the DFW area
1 November 2018 | 6 replies
After expenses, which included a special HOA assessment and a month's rent to my agent, 24 payments of $1595 ($38k) left ~$12k in rental profit.
Tyler Scranton
Getting a mortgage under LLC
1 March 2020 | 13 replies
Tyler, after Lehman you need both a 750+ FICO AND a 80+ PayDex which will require a EIN/DUNS maybe reporting vendors/suppliers or you can go directly into business credit cards if you have a good FICO and then credit lines/loans after those are reporting.
Stephen Thomas
$700 to transfer loan to LLC
26 October 2018 | 2 replies
It’d go to an attorney and a title company.