Ron Averill
Creative mathematics for deal analysis
I live in a college town, where both rents and property values on rental properties are stable and relatively attractive. It seems like it should be a great place to own rental property. But when I run the numbers ...
Wade Garrett
My First Multifamily Deal Advice
Hi all, interested to hear your thoughts on a property I am in final negotiations with:4-unit residential in New Jersey. One 3BR, two 1 BR, one studio. (rent slightly below comps)One building, double lot property with...
Niobe Burden Austere
Window estimates on a property under contract
Hello everyone! New investor to the Cleveland, Ohio area. We are under contract on a property in University Heights and the home inspection reported the majority of the windows were fogged and we are trying to get ...
Jason Merchey
"Retrading" Vs. What Ken McElroy Indicates
I was reading THe ABCs of REI by Ken McE and came across this: "[In doing due diligence], I take comfort in knowing that anything I find that would cost me money to fix is a final negotiation point before the sale clo...
Anthony Angotti
Buying a Property In Foreclosure Process
Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with. I'm going to consult an attorney to be sure how to do things (if I even can), but I wante...
Adam Rodgers
Plastic porch wrap, can they make me take it down?
Hello, my girlfriend and I rent an apartment, we have three kids together, and live in northern Pennsylvania, as it is now "winter" (cold winds, snow, freezing rain, etc.) my girlfriend and I went out and got some hea...
Steve Chenoweth
REOs and smaller local banks
Is it normal for a smaller local bank/institution to be more willing than a larger bank to show their REO list to a possible buyer? This is what I've heard in the past. I guess I would like to hear any experiences tha...
Kelcie Grabill
Short Sale Nightmare
Purchasing my first home and it happens to be a short sale. I'm trying to decide if it is still worth my time or if I should start finding a new home.One lender: Cenlar (no 2nd) FHA LoanOffer was put in on March 3rd, ...
Patrick McPartlin
Young New Jerseyian!
Hello All,
I, like most others, have been a long time lurker of these forums, probably around 6 months or so, and am only now getting around to introducing myself. Apologies, but I have been soaking up amazing inform...
Kimberly Ranz
Newbie here: I have my HELOC now, and I think I have a good deal.
So, I have been doing my homework, and now I am getting ready to do final negotiations with the wholesaler. I know what he purchased it for, and he is only asking for about $4k, which is fair I think. Once we strike a...