I am in the process of buying my third rental property, but during the negotiations we ran into a snag. The seller, on the second counter offer, now wants to sell as-is as he doesn't want to fix anything. They have ...
Hi all,First time posting here. I'm 34, own a business, and am very entrepreneurial. Not scared of rehabs or dealing with tenants and am happy to deal with both. RE is a passion of mine and I love it but it's not a fu...
Is it a good idea to send 50-100 lowball offers at prices that cash flow? I don't mean real offers, I mean informal emails proposing a different price. Proof of Funds always attached of course.
I have the opportunity to pick up a property in a very nice section of Vegas with approx $80k in equity. The homeowner has moved out of the country and just wants the property gone. They owner says they will entertain...
Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.
Thanks,
I am in a strong financial offensive mode in building my cash position right now. I basically work two jobs and save 5k a month. It's really one demanding job and then full time school (the GI Bill pays me to get good...
I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...
I've recently started marketing for properties and received a good response. However the sellers aren't interested in setting up a time for me to inspect the property. They just want an offer. I did do a drive by on a...
Hi All,I own a condo (rental property) in Santa Monica I bought for $270k (currently owe $240k). My neighbor, whose unit mimic’s mine, sold recently for $490k. I am looking to take the next step in real estate inves...