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Unfortunately, my first 'Deal Diary' post is a failure, but still better than a loss.Having received a lead from Craigslist, I followed-up and made an offer which was accepted. The deal was for 120k with an ARV pushin...
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Hello investorsI am in need of some advice/direction. I just sent out my first direct mail campaign last month, and It failed big time. I sent out postcards that a local investor mentioned worked. I felt they were pre...
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Why wholesalers fail and what knowledge a wholesaler should have to become successful?
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Hi there,
We are selling a property in one of the Chi suburbs, where the village requires an inspection. The inspection failed due to electric panels needing to be updated.
Does anyone know if we would be able to ...
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What course of action can I take to get my money back from a contractor? He was given money to purchase equipment for a job on a rental house, but fail to install the equipment. He does not answer my emails, text and...
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Help! Purchased a home last April. This year we've experienced alot of rain fall and the basement flooded. After having the basement looked at i was told that it didnt look like it was the first time this had happened...
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I recently had a deal fall through as a result of major inspection issues. I had already requested an appraisal + loan application fee + was using an attorney so overall I'll be ~$2k in the hole.I'm fine with that, be...
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I’ve been given a 30 day notice to move out of current home , found apartment which I have paid deposit and said I could move in October 1st, landlord calls me yesterday saying he’s unsure of being able to move in bec...
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Sometimes it's good to look at a new venture from the angle of the most common causes of failure.Let's get the non-action/motivation ones out of the way. Most people fail anything due to not starting, not studying en...
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I have 1 section 8 tenant and they have been good for years. Today I received a letter stating i failed inspection for items like a hole in a door and broken garage window. These are all items the tenant should be res...