Paul Stewart
Escrow for Repairs process with a REO
Hey So I have been in negotiations on a foreclosure property. The property needs about 10k in repairs in the property. The price they are asking for I believe in my opinion is the ARV price. The Bank is offering a se...
Account Closed
Pay for property inspectors on passed deal?
I was reading Brandon Turner's rental property book and I wanted some more information about paying for property inspectors.Let's say you find a property that fits your criteria, crunch the numbers and find out it's a...
Joshua Davis
Non-Compete Contract ?
Anybody have a good source for a general "Non-Compete" contract?
This would be used while working with Agents, Lenders, Private Investors...etc.
Anybody have any experience using one? Do you feel it is necessary?
...
Michael Miner
trailer park purchase
Investment Info:
Mobile home buy & hold investment.
Purchase price: $140,000
Cash invested: $20,000
This purchase is a trailer park and a commercial store front located next to the Griffiss and T...
Brad Eckert
Smart Thermostat Recommendations
I have a four plex that runs on oil that heats the entire building. The thermostat is in a common area and the tenants continuously crank it up to absurdly hot temperatures. I would like to purchase a smart thermostat...
Khaled Helmi
Is it Illegal to Flip foreclosures in Maryland
Was talking to a friend and they had mentioned that their realtor had said that Flipping properties in Maryland is illegal unless you have a license. I thought it was very strange because i've never heard that, but s...
Cal C.
Your best money saving idea?
I've learned a few money saving ideas over the years mostly from @J Scott. These include using one paint color for all houses whether flips or rentals, ordering carpet considered "seconds'," buying at the pro desk ...
Rah-sheen Blalock
Can you have two Hard Money Loans on the same property?
property is 150k i got 75k from 1 lender can i get 75k more from another lender to close the deal???
Nick Miller
Fence Replacement and Painting
Hi BP. I have a 3/2 rental in Mobile, AL rented for $855/month and am looking for options for getting the fence repaired or possibly replaced after storm damage. Existing fence is white picket at the front, and 4’ pri...
Dustin M.
Minimum amount of repairs to complete on MH before selling
Hi,
I am struggling with deciding on how much in repairs I should complete before selling my mobile home. On my last home I fixed all the floor damage and re-carpeted the floors in three rooms. I spent around $800 do...