Kelsey G.
Inspection Contingency on Multifamily
We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...
Nick Herndon
I'm looking for homes to flip in the SF Bay Area can anyone help
I'm having a REALLY hard time finding homes to flip in the San Francisco Bay Area and am not sure what to do. Working with wholesalers could be the answer but the ones that have brought me deals in the past were all a...
Craig Fogarty
Massachusetts Title V on a flip
Good evening!Hey everyone,I walked through a single family flip with my GC today and the big wild card is the septic. The seller claims it’s a septic “installed many years ago” he said its been pumped every year but i...
John Matarazzo
Late rent paying tenant....would you keep them?
Looking for some input,I just purchased my first duplex a couple of months ago, inherited tenants. One pays rent early every month (they really are rockstars), the other pays late every month.The guy who pays late is ...
Randall Greene
Vacant lot opportunity
Someone has approached me about purchasing a vacant lot (residential) they own. Unfortunately, none of the investors on my buyers list is interested in purchasing one.
Are investors not interested in vacant lots? H...
E. Jacobs
Pricing Strategy
Quick question. After you have the property under contract, do you:
1) Set a low list price to try starting a bidding war
2) Set the list price to reflect your desired profit
3) Set the list price higher than your de...
Wesley W.
Mitigating risk with applicant whom receives income through tips
Hi guys,So, how are you folks vetting the in come of applicants that earn cash income (such as wait staff). Back in the "equitable days" of NYS law, I would have just collected an additional security deposit and/or l...
Mike Hurney
Sky falling on Interest rates?
I've got Faith you've planned for this, as in Plan "B" for Rising Rates!
If this doesn't affect you, think again. Perhaps your end Buyers will be "flat-footed" (like the hitter facing his first knuckle ball) and a co...
Daniel Muscarella
Assets to become rich
Hi all,
I'm 19 years old and recently just started a job that pays pretty well. However, I don't plan on spending all of it and I plan on using most of my income to buy assets. Other than real estate, what are you ...
Rohit Dhing
Tenant Abandoned Property
My Tenant at my Dallas rental (Collin county to be more specific) abandoned the property and its been over a month since he left. I have finished all the formalities (notice to quit, etc) and the unit is back on marke...