Michael Lettieri
How to ask for repair funds
What is the best way to ask for repair costs at closing? I basically want the seller to give back 1% towards repair costs at closing. I don’t want the money to go into escrow, I would just like 1% no strings attached....
Nate Downs
Buying a house and want to sub divide land into two lots
Hello, I am currently looking at another property to buy and it has a half acre of land in town. I will more than likely buy and hold to rent the house and would like to sell part of the land as a separate lot. Can...
Archie Minkowski
Purchasing properties with LLC?
I recently formalized a company with an investor friend. We formed a two-person LLC and have equal authority. We are purchasing flip and rental properties under the name of the LLC. I know this is a very basic ques...
Justin Elliott
One Raising Objection
Hey Money Raisers!
I'm curious what your response is when raising money for multifamily investment deals when you're hit with the objection "I'm holding my cash because we are at the top of the market". Specifical...
Jeff Fairchild
Subject to objections
What objections do sellers have when you are explaining subject to's? H ow do you overcome them?
William Coet
Can a Bank Executive Be Convinced to Allow a Mortgage Assumption?
The seller has a rate of ~4% and we are being quoted 8%. Is there any way a bank will allow a mortgage to be assumed? Initially they said no, but can a "higher-up" approve it? Are there any strategies to make it ha...
Mike Auerbach
What is the real point of doing a 1031 exchange anyway? - Simplest explanation
What is the point of doing a 1031 exchange? Here is the how I would explain it to a kindergartner:
The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing...
Yu L.
Skip tracing, I found the relatives info. now what?
I skip trace some returned mails, some owners were deceased, some just don't have additional mailing info. I was able to found the relatives mailing addresses for some, I wonder what other people do what that?Do you s...
Leslie Chapman
Property Mamagement recommendations in Houston, TX
Greetings! Does anyone have any recommendations for PM companies in the Houston area? I’m interested in companies that are reputable and have extensive experience with smaller to medium apartment complexes, say up to ...
Matthew Rue
Closing Question
A Seller who is a family member is offering that instead of going to closing with a title company to just process the deed at our city hall since he has done this once before. Since this is our first closing as a comp...