Brian Weissinger
Grocapitus Real Estate Syndication (Avondale Commons Apts)
Has anyone had recent experience with this RE syndication? I'm a fairly new investor, and have about 7-10 years before retirement. Dropping $100K on an unknown entity is a little scary for me.
Ian Tuttle
How much or how little profit on a flip?
I am looking at a house that will comp for $165-$175k. The reno is about $33,000. I placed a bid today for $110,000. When I sell the home for $170k I will make 20k. The sale is a short sale. The bank has pre-app...
Brandon Collins
New member from Texas
I recently started listening to the podcast after coming across threads from the forums pretty frequently. I am a real estate attorney from Houston, Texas and think this website is a great resource for initial resear...
Kelly Conrad
I believe someone is living in my unit who’s not on the lease
Hello! I believe someone else has moved into one of my units who is not on the lease. I’m not renewing this tenants lease (up May 31), but wondering how I should handle someone that is living there without me knowing?...
Jacob Koshy
Is it okay to replace Financing choice on a short sale.
I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
Clay Sexauer
What is your best strategy to renegotiate a sales price?
I currently have a property under contract at $135,000, rehab is $30,000 and my ARV is $235,000. After doing my due diligence, I want a bit more wiggle room in the rehab, simply for the unknown because the house is 60...
Jason Gettler
SB9 urban lot splits in CA
Hey BP, Just thinking out loud here - Anybody interested in discussing a partnership to take advantage of the new SB9 law out here in CA? I'm a GC out in Orange County and work in the city of LA as well and have disc...
Lamario Hopson
Buying my first tax deed this month
I'm buying my first tax deed this month. The house look really nice on the outside but somebody still living there. After I purchase the tax deed, I need to apply for a quiet title and after I receive the quiet title,...
CJ Shade
Buying Duplex with Heloc, refinancing to pay off heloc?
Using the BRRRR strategy, I am in process of purchasing my first rental property, a duplex with a heloc on my primary residence. I plan to quickly rehab at least one of the units then move to the next. When I go to ...
Ma D.
Short sale negotiations
I saw a short sale "2 legal family" property in an up and coming neighborhood. The price is set for 220K. The property itself needs at least 60-80K to fix up. The comps in the area are low 300's though.
Here is wh...