Amiris Brown
REO: how do I negotiate
My fiance seems hell bent on sending me to chase MLS listed properties. This past weekend I got us to look at the REO he found on Zillow, of which I figured might be a deal. We went out there with a contractor who is ...
Charles Kennedy
Am I crazy to self-manage from afar?
I am under contract on a quadplex near a university that is 4 hour drive from me. After speaking with some property managers, I'm realizing they really know how to tack on the fees... 10% (expected) of all revenues, 1...
Donald S.
How do you make money flipping?
So, I hope this doesn't come off as whining or complaining. I'm purchasing a property in a few days, an up and coming neighborhood that is rife with rehabs and perfect for flipping.
I'm trying to get my costs estima...
Brad Hasseler
Where do most property managers fail?
I have been working in the automotive industry as mechanic for the last 12 years. I like what I do and I'm good at it, but it's time to get out. SO long story short I'm getting my real estate license. I'm going to b...
Robert T.
Property Management Fees
Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
Doug Hadley
SFR: Subcontract Rehab or Do It Yourself
I just purchased my first SFR last Thursday and have been doing the demo and rehab myself. The question that I'm trying to answer is that the quotes that I'm getting from subcontractors is much higher than my mont...
Leland S.
Dealing with a bad contractor
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...
Kindrell Hutchinson
Closing on a owner financing deal!!! (3 properties)
Hello,I am a new investor. I am currently 2 weeks away from potentially closing on 3 properties using owner financing (I am the buyer). The terms of the contract is all 3 properties listed for $278K, with 45K down, 30...
Jennifer Cheu
Too ambitious to do bathroom repair myself??
Hi all, Bought my first owner occupy multi family, and decided to live in the most runned-down unit to do some repairs. I'm a mechanical engineer by trade, but have little to no real estate repair experience. I enjo...
John James
Cost for seller financing
Learning more about seller financing method and its really discouraging because there is no true 0 money down strategy. Is there a general rule of thumb number i can use from people who have done this before. Attorney...