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Results (683)
William Morgan Does this qualify as "Consideration"?
6 June 2013 | 7 replies

Two coworkers I know have agreed to the sale of a house - the one is retiring and selling it to the other. They are not using an agent. The Seller appears to be friends with a person at the title company who is faci...

Rich Schroeder REO deal
29 December 2007 | 10 replies

I found an REO that I am interested in flipping. I will be living there while I do the flip, with a schedule of 1 year to complete. I see that for NOO flips you should try to purchase so that you're at 70% ARV all s...

Dewain J. Possessions of a tenant who has passed away
24 November 2016 | 10 replies

Hello all, Anyone know what the legal specifications are (I'm in PA specifically), of what I am responsible for in regards to things left in a unit by a tenant who passed away. I don't have any contact info for family...

Shawn French Using the 2% Rule in Omaha, Nebraska
1 March 2021 | 16 replies

We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”).  For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...

Charisse Ryan Yeah! I just bought our first property. But the plumbing is broke
22 February 2019 | 19 replies

Wow. I am super excited.  We just had our offer accepted on our very first rental property.  Yeah!  Also, we just found out the plumbing needs replacing. Yikes!  Any idea on a price for replacing the plumbing (bursted...

Ilya Z. Danger of flooding in Dundalk?
31 March 2019 | 6 replies

Good Day Everyone,We're exploring investment possibilities in Dundalk, focusing on buy-and-holds to rent out. Just this morning I came across this article:https://www.dundalkeagle.com/when-it-rains-it-floods-why-now/a...

Eden Safdie QUESTIONS !!! LLC's & Commercial Loans VS. Partnerships
21 November 2016 | 9 replies

Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...

Ling Lin Lost $20K in after tax brokerage account, should I invested?
7 June 2022 | 8 replies

Hello! Currently I am at a lost of $20k in my after tax brokerage account with remaining of $40k in the account all invested in tech stocks like Tesla, CLNE, SPCE etc. I purchased majority of them last year Feb-March ...

Sameer M. Cleveland Suburb SFR analysis
21 April 2015 | 11 replies

Hello friendsSo I am all set to close on my first rental. This one is a 1935 built 2 story 3/2.5 recently updated (roof, paint, windows, electrical etc). The area is Wickliffe. A safe suburb with good (6, 7) schools. ...

Jennifer Kim Getting an off market deal under contract
12 May 2021 | 3 replies

I ran into an off market deal that I would like to get under contract. I do not have a real estate agent involved. How do I proceed? What kind of paperwork should I prepare? Sorry, I am a very new in real estate inves...