Ellen Nichols
Should Contractor Discuss the Repairs With Tenants?
We have a plumber working on the property ( HOA hired) to fix the pipes between apartments.
She told the tenants the water heater should be replaced ( to get some business) even if I asked her don’t discuss anythi...
Lynn Z
ARM Conversion Pitfalls
has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...
Jeff Lever
Tax Questions on Quit Claim Deed - Claim Gift of Purchase?
I've tried to make this as brief as possible to avoid boring anyone to tears, so please ask any questions you might have. I'm trying to determine the best way to structure this real estate deal with my father-in-law(F...
Marshall Ryan
Are these terms good?
Hello,
We are new to investor lending posted below is the offer we have. I not sure what it means by what they are holding and the reserves part. Could anyone shed some light on this? And if its a ok deal or ...
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
Hey guys - I came across this company - Offer Geek - https://ogeekholdings.com/ - where they are offering properties by also doing the entire renovation, placing a Section 8 tenant and also offering property managemen...
Sean Myers
Wow or Wait? Is it the right time to update rent projections?
Should I update projections because two new lease exceeded our baseline? Even a little bit?On Friday I received an update on 2 new leases for a property we're closing on soon. Our group is the contract purchaser and w...
George P.
MLS-listed occupied rental property ... pitfalls? DD?...
Saw a (newly listed and attractively priced) rental property with tenant whose lease expires 4 1/2 months from now. The current owners live in another state, 10 hours away. Property has been owned by this couple since...
Inna Young
no agendas or minutes to the remotely located owners
We have 36 units in our condo association and 50% of them are tenant occupied. It's in Florida. The owners live in different states and even countries. However, all of us are using email and talk to each other. All th...
Matt Holmer
Return of Earnest Money on HUD Home
I have a question for those experience investors who have purchased from HUD. I've been looking at a few properties with a realtor who I have never worked with before. He has experience with REO, HUD, etc. He has sa...
Anthony Hale
Earnest Money Dispute
Newbie looking for any helpful insights.Went under contract for a townhouse in Jacksonville, FL. The contract was clearly stated to be contingent on my ability to get financing. After we paid for the inspection, we ...