Jack B.
Buyer wants to pay me cash for part of the transaction
So an East Indian couple who are techies are interested in making an offer on my house but were curious to see if I would be willing to accept part of the payment in cash. For example: If the house is $1,000,000 they ...
Mubasher Riaz
cant get past my fear of rehab estimates.....
i found plenty of vacant houses, tracked down the owners and on the phone talking to them, right when they say "well what is your offer" to me, I freeze! These houses need rehab work, I know the comps but I cant add i...
Robin Grimes
HUD and the stolen EM
Well I just paid $1000 for a brief lesson at the university of HUD. I contracted on a HUD home with cracks in the foundation. AFTER sending in the EM and contract I had a foundation company come out to quote repai...
Scott Sewell
Making an offer (to lease/buy parking) they can't refuse
Hello all,
Looking for some advise on approaching someone to lease/buy additional parking space for a potential acquisition. We're looking at an 8 unit multi family that seems to pencil well, in a good area and with g...
Matt Stoltz
Am I required to fix with similar amenities to what was broken?
I recently have a new tenant, and when rehabbing I installed a bathroom mirror with a backlight, that had a glowing ring on the mirror that is used to turn the mirror on/off. After a few months, the tenant has reached...
Matthew Tanis
When to begin eviction process
I recently purchased a duplex with 1 long term tenant, 1 shorter term. It's in a recovering area and rents are reasonable. Our short term tenant had a third party paying their rent before, but this is the first mont...
Mark Caragio
Due Diligence Contingency in a Purchase Agreement
We recently accepted an offer to sell a property, and there is a 30 day "due diligence" contingency.Being that we are selling as a development opportunity to a developer, I'd like to know under what conditions the buy...
Javier Osuna
End-buyer earnest money deposit....
Hey fellow investors!When negotiating a contract assignment with your end-buyer, what is the criteria used for determining how much of an earnest deposit to ask for, in order to insure the end-buyer has some skin in t...
Elijah Williamson
What do you look for in a partnership on long term rentals?
I'm currently looking at a couple potential deals around the 12%-20% CoCROI, typically making $100-$250 a month. Are deals like this worth going into partnerships over? I've talked to a few other investors and most ha...
Benjamin Arritt
How do you aggregate personal finances w/ property investments?
I’m going to cross post this in a few places and to be clear, I am NOT talking about software or a bookkeeper that specializes at any of the following:
bookkeeping for taxesrent roll and property managementproperty p...