Michael Clevenger
Appraisal fell short
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
Dina Harleth
Calculating capital gains on sale of gifted house?
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
John Backus
Under water on house- Is forclosure an option?
Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
Account Closed
$20k saved & 810 Credit Score but I live in LA-what would you do?
Hi everyone! I'm brand new to both the site and the concept of Real Estate Investing, so apologies if this is awkward in any way, but I wanted a little starting out advice for my specific situation, and everyone seems...
James Floyd
Empty Lot Money Pit
I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
Brenda Whittaker
Confused and Overwhelmed
Looking for guidance. I have done some investing, but am a miserable failure. Banging my head against walls (literally), I still cant figure out what to do. Nothing works. I am in financial distress, but have some...
Frank S.
Foreclosure Sales – I need an education
I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
Sean Bramble
Purchase price … how important is it?
When using creative strategies to buy-and-hold (subto/ seller finance, hybrids), how important is purchase price? In theory, purchase price only matters when you sell, and I’ve heard of many investors being willing to...
Mark Forest
Syndication capital calls
Why is my syndication asking for capital calls? Are any of you experiencing this?
Nathan Gesner
What was your biggest mistake starting out as a Landlord?
We've all new to this game at some point. What was the biggest mistake you made when getting started? Did you discriminate against someone?Did you find your lease in the bottom of a Cracker Jack box?Did you let emotio...