James NA
How to simply "tie up" a property....PLEASE HELP.
Do you NEED a purchase and sale agreement or can it be done with a simple "intent to purchase" letter or a written offer???? A purchase and sale agreement contains all types of clauses and issues that my seller and I ...
Ben Brenner
New Home Inspector, what do you folks look for?
Good morning,New home inspector here and I'm looking to grow my home inspection business through marketing, word of mouth, and a positive online presence. The eventual goal is to develop a long enough runaway (thank y...
April Dagonese
How Do I Make This Financing Work?
Hi BP! I'm a new investor who has read all the books about creative RE financing but doesn't actually know how to put them in practice. I just just tied up my funds (and my DTI ratio) in a separate opportunity, and fo...
Collette Douglas
URGENT. PROPERTY INHERITANCE
My grandparents are selling their 70 acre ranch in Vacaville CA. It is uninsurable as the state requires a new bridge and public access road to be constructed to their property. My thought is to make it a vineyard, be...
Donta' Collins
Mortgage Servicer deemed a house abandoned, how can I purchase?
Hello all, While investigating a couple of property that have tax liens I noticed a unoccupied house that was in awesome condition. The house does not have a tax lien on it. There was a notice the door. The notice st...
Yannick W.
Rich Dad Residential Mutli-Unit Formula
What do you all think of the formula provided by Rich Dad for analyzing and valuing Residential Multi-Unit investment properties?Yearly Gross Rent x 7 (+ / - 10%) = Max Allowable OfferThe premise is that these propert...
Carl Duke
How do I remove this lock?
Has anyone on this forum seen a lock system like this one? I am closing on this home in two weeks and this deadbolt is broken (it is locked now and the interior knob does not turn the deadbolt.) I am trying to deter...
Chris Baek
Debt Service Coverage Loans
Hi, Does anyone have experience with this type of loan? And if so, how do you determine if you will be approved for a DSC loan? Thanks, Chris
Vlad Denisov
Who determines the Cap?
People say Cap Rates are the function of investor's appetite. If they are willing to pay less for NOI, Cap will go up. What about the tenants on the other hand? If they decide that 1000$ for studio is too expensive, a...
Vlad-Stefan Marcu
Tax Deductions for a Live in Flip
Hi all,I am planning on purchasing a SFR with the intention of living in it for 2-3 years, making upgrades, and selling when I move out. Would this be considered an investment property where I can deduct depreciation...