Craig Palmateer
Is this the norm now?
Hi All,
Some background-
We viewed a foreclosure property on Monday of last week. We didn't beat around the bush, and when asked if we liked it well enough to make an offer, we said yes and you will hear back toda...
Earl W.
Is an OK deal better than no deal?
My HELOC is paid off and all that cheap money is just sitting in the bank ready to be used as my 20% down to buy some more houses.At some point I'm thinking it's better to buy/rent a house with a low dscr than it is t...
Wesley W.
Cash offers
As I begin my investing career, I've heard more than once that one can get the "deepest discount" on an investment property if it is a cash offer.
Excuse my ignorance, but I don't understand why?
There still has to ...
James H.
$5,000.00 Earnest Money?
Hi guys,
I am in the process of negotiating a purchase contract for a house. The verbally agreed upon selling price is 128,000. The seller's brother (a real estate attorney) wrote the contract using standard state f...
Nick Noon
My First Live-In Flip
I'm not sure if this is a "success story" or not, but I think I consider it my first successful move as a real estate investor. It all started about 2 years ago when I decided I was going to buy a house. For some re...
Bruce W.
Breaking commercial leases
With RadioShack intending to close 1100 stores, I began to wonder about the leaseholders on the affected property. In my residential real estate business, I am allowed by law to withhold a "reasonable" amount from ...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...
Ben Smith
Dangers of a lowball
Everyone always says, "The worst that can happen is that they say no." Well are there any other dangers of putting in a low ball offer?
Mark Guagliardo
Pros and Cons of Dual Agency in Hawaii
What Is a Dual Agent?Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as ...
Ryan Hobbs
Offer to evict for wholesale deal?
I received a call today from my probate marketing. This lady inherited the property from her father. She says its free and clear.I asked her when we can meet at the house, and she says her brother lives there and they...