Nav Singh
Best practices to change a property mgmt company (Huntsville, AL)
Hi, I am considering changing my property management company. I reviewed the PM agreement and also talked to him. The catch is that once they get a tenant in, they are entitled to receive property mgmt fees for as lon...
Scott Titus
First multi-family purchase
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $151,000
Cash invested: $215,000
This is a 16-unit multi-family complex that consists of 4 buildings with 4...
Brian Green
Massive Value Add - Renovating 20 Unit Apartment Building - NY
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Physically distressed 20 unit apartment complex with 90% occupancy. Business plan is to vacate ...
Erica M.
House deal fell through over $500!
Hi. We are the buyers. We went to sign contracts with the lawyer and the sellers tried to pull a shady move. They wrote in the contract that theywill not credit us the $500 for property condition. They wrote that is w...
Andrew Postell
Primary home to Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $89,000
Cash invested: $8,000
This is a 3BR 1BA home that was purchased as a primary residence. Since it was purch...
Anand S.
Short sale - second bank dragging feet
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
Josh D.
Realtors Obligated to Inform Bank of Higher Offers?
I wanted to get everyone's opinion regarding Realtors and A-B B-C short sale flips. Let me give you the scenario.
A Realtor contacts a distressed homeowner. Consults them on their situation and the homeowner determ...
Tony Castronovo
My last deal was like a bad Lion King movie
Like the "circle of life" my deal went "full circle"! Initially viewed a great MF property in January3 weeks of negotiations and finally under contract in early March Near the end of our due diligence, we discovered ...
Chris T.
How do you deal with picky buyers right before closing?
How do you deal with picky buyers who will nick pick everything all the way till the final walk through, before closing?I understand the home inspection negotiations back/forth after getting the property under contrac...
Mark Wilson
Odd's of this Short Sale Closing
Greetings all. I am currently attempting to purchase a short sale and have the property under contract. I am not a real estate investor, have never purchased a short sale and am making this purchase as a primary res...