Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
I'm going to check out a 2 bed 1 bath mobile home tomorrow. Everything sounds good, he had to move for his job. He is asking $8000 or $3000 down payment and make payments.
The mobile home is a 1972 14x60.
He comple...
So I tore up some carpets in this house and found some wood flooring underneath that seems pretty salvageable. Whoever rehabbed it before us was really sloppy with their paint job and left paint all over the floor, an...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
Well. Woe is me. Here's the tale of a young, banana-headed investor who leaped fast without the analysis paralysis that so many would-be investors suffer from...
Okay, SO... to start, someone recently ask...
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...