And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...
looking for solution...winning bidder at cash only auction closing 5/2...purch 379,500...needs 100k rehab...ARV is 650k...I'm putting 190k personal $...borrowing 290k...private lender has agreed to fund but wants to e...
I have a question regarding a real estate transaction. I have came across a home in northeast Ohio. They can barely afford the home and it has nearly gone into foreclosure.The home was built in 2000 for $750k; however...
Hi all, we bought a STR in 2022 for 380k, renovated it for 200k in 2023, and rented it out in July, August, September of 2023 with an average stay of just under 6 days. We’re changing our plan for the property in 2024...
Hi BP, I recently went through a fairly large renovation project on a duplex meant to be a buy and hold property. The rehab occurred as a long distance property in Michigan where I live in Hawaii. My property manag...
Has anyone seen this article? "The Really Big One"http://www.newyorker.com/magazine/2015/07/20/the-r... I know the New Yorker is a bit lengthy to read start to finish, so I included some quotes from the article that I...
And two more big institutions go down today. Lehman Brothers is just plain dead. No buyers, I guess, unless the feds are willing to guarantee them. A Sunday trading session to let the big players unwind their posit...
Hi, I'm looking to become a landlord for section 8 D properties in the $10,000-$20,000 range. Single-family residences only (2/1, 3/1, 3/2. With section 8, multi-units can cause accountability problems). Appreciation ...
Hello everyone,
Please I need an advise on what to do. My tenants moved in September 2024and has been defaulting in paying rent from November 2024. They are still owing December rent and have informed me that they wi...
There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...