Justin Holland
Purchasing a Fix and Flip: One problem, it has existing tenants
I am currently under contract with my very first residential property! Even though I am extremely excited I have a major concern. I've purchase this property with the intention of fixing and flipping. The concern of m...
Julie Muse
Old Hickory Blvd Flip: Smart Renovations Yield Big Returns in Nashville!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $130,000
Cash invested: $33,000
Sale price: $225,000
Contributors:
Peter Vekselman
We acquired ...
Mark Mynhier
Difficult contractor
Question: How do you deal with a contractor who balks at doing repairs that an inspector says are "safety issues" and is weeks behind in the rehab? It would be real easy to be hard nosed, but he is also working on ano...
Kevin Wembes
Purchasing Home with Tenant
Hello everyone!I was thinking of purchasing property in TN Memphis and found a great location, the numbers made sense, the rehab did not seem too bad at all! But it had a tenant current living in the property and the ...
Dave Myers
Is contract at risk??
Hi fellow BPers!I have an interesting question about Purchase/Sale agreement dates.I have my home for sale and the buyer (electronically) signed the agreement on April 15th and then sent it to me. I ALSO signed it on...
Jennifer Clancy
Tenants that push the grace period every month
I have tenants that pay the last day of the grace period after normal business hours around 8pm. What should I do? I'm pretty fed up with this particular set of tenants not only are they personally inconsiderate sho...
Alex Del
Tenant Remaining Post closing
Hi all, I am looking to go under contract for a property that has 2 units and needs some work to bring it up to speed with what the current market in the area offers. However, in the unit that needs the most work, th...
Maryna DeMasters
Property with contingency
I’m facing a situation with the property. Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the pro...
Daniel Ryu
How NOT Doing Real Estate Transactions Propelled Me Forward
Hi BP Community!As is customary, I like to keep the members of the community updated on a group of real estate investors that have been meeting regularly in Korea - The Seoul Real Estate Investing Meetup.We've been me...
Daniel Chang
Adding "units" to USPS Cluster Mailbox
I've done a search but unable to find an answer. Hoping someone knows.I have a 12 unit USPS cluster mailbox for my property. My property only has 10 units. Can I just relabel the unused 2 boxes as say "unit 11" an...