J. Martin
Capital Expenditure Costs: A Case Study on SFR & 4plex - What do you use?
I was surprised by the amount of long-term costs I calculated and even more surprised by what my biggest costs were going to be!!!! I also learned about better ways to estimate long-term expenses. Flooring and interio...
Charles Ferguson
Seller Accepting Other Offer After Signing Contract with Me
I got a property under contract with the seller on Saturday, August 22nd. COE on the front side PSA is "on or before September 21st". The title work is back and clear so we are ready to close on Monday, September 14th...
Charles Patterson
What Would You Do (Seller Financing Recourse Stipulation)
Not here to evaluate the deal, but to evaluate a stipulation that the seller has.The numbers of the deal works out to $100 per door on a duplex using seller financing on a free and clear property.However, during the n...
Hemant Bhagwat
How to obtain possession of preoccupied property (online auction)?
Hello folksWhile looking at properties on online auction sites (auction.com, hubzu.com, etc.) I saw some of the properties with status "Occupied", "It's unlawful to disturb the current occupants" and "Buyer is respons...
Jude Hughes
In need of QUICK deal advice
Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...
James Park
What are the differences in private lending in Indiana vs Cali?
Hi all,I'm a real estate investor in California, but I also own multifamily in Indiana. I have a private lender here in California that lends against homes that I flip. He's always been resistant to lending on anyth...
Jack Forester
What percentage of tenants are horror stories?
Okay, so my wife is reading about the horror stories of bad tenants and tells me that "We've been lucky". My thoughts are that a horror story is more entertaining than a story about boring perfect tenants that take ...
Sienna Parker
What was your first deal?
I’m getting started with real estate investment and I’m curious what was your first deal? As a newbie, I’m doing practice analyzing potential deals and think it’s helpful to hear different perspectives. What were yo...
Neil P.
Legal Help ! Have a house under contract
Hi i have a house under contract.The tenant occupying is on a month to month with no lease. However, he had a lease 2 years ago which stated he had a right to refusal on who buys the property. This is cause he wants...
Ed O.
Starting out - Avoid Bank of America
Hoping to help some newbs avoid some serious banking pain. This is one of many disasters with this bank that I have been involved with. I just spent 30 minutes helping my plumber try and get funds from a job. He depos...