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I purchased a house in CA in this difficult market. Tied up most of my cash in the house. Issue came up. It seems there is a cockroach problem in the house. I don’t have much equity in the house. So I would lose $ if ...
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The house I bought had a strong pet odor, cat urine, and as part of the scope of work, I asked contractor to eliminate that odor, however house was repainted and work 99% complete, but odor came back. Contractor assur...
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In 2021, I purchased 3 residential properties through a single land contract deal (2 SFHs and 1 Double). The sale was 121,400 @ 2.5% for 10 years. This breaks down my mortgage payment to be around 1,200 a month, with ...
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I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...
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Hello, we recently completed a sale of our apartment complex for $850,000 that was on a standard commercial loan. We used a 1031 exchange intermediary and then purchased a condo in Florida all cash for $360,000. We we...
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Hi there! I read a lot of business books that emphasize the need for knowing your customers and marketing to your clients. However, my buy and hold real estate business doesn't seem to match the ordinary sales or serv...
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My tenant's lease ends in a couple of months and I am not renewing their lease. They haven't done anything wrong, I just need the property back. The lease does not state how the landlord should communicate to the tena...
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Just joined the deeper pockets community after having read Avery Carl's book. Looking to begin investing in STR and hoping I can learn from those with experience in this community. Thanks in advance!!!Steve
Hello, everyoneI got a call from an elderly lady about a month ago from my direct mail marketing campaign. She says her husband has died and that she will sell the house in the future, but it is in the probate process...
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Last night I finally realized I've been failing in a big portion of my business, systemizing. From the wholesaling sector to the flipping. Although I've been successful my first year, I feel like I could have saved a...