Rebecca Mochel
Buying a multi-family in the IBM plume?
I found a 4 unit fully rented in Endicott NY where in 1979 there was a chemical spill. The clean up has been going on for several years. I did not know anything about this till after I put down an offer and hired a l...
Denver Chavez
Setting up an LLC for our rental investing
Hello!
My partner and I have decided to create an LLC for our rental property investing. However, we are not sure if we should hire a professional (Lawyer), an LLC service company or set it up ourselves. It seems pre...
Benita Hamilton
Commercial Contract in Texas
I know this landlord who is in distress and is willing to sell his multifamily apartment in Houston. If I am interested in buying it from him, do I get a lawyer to write up the contract or try to find a commercial co...
Ross McKenzie
Letter of Offer Contract - Escape Clauses
Good Day Ladies & Gentleman. Any suggestions please on drafting reasonable (acceptable to Vendor) Letter of Offer / Intent to Purchase Contract "ESCAPE" clauses? I've scoured Forum & REI Educational Material...
Scott Morse
1st post..... REO flip.... Default Concern
Hey guys...
This is my first post, so I hope this community of fellow entrepreneurs can shed some light.
I am in the beginning stages of doing my first double close. I found the house I was interested in (REO) at a...
Jon Schwartz
Best & least expensive way to transact an off-market deal?
Hi all,I'm underwriting an off-market MF deal, and I'm trying to find the least expensive way to do the transaction (that's also safe). I've known the seller for ten years and trust him enough not to need independent ...
Chris Guglielmo
Removing Month-Month Tenants in 2021
We are in the process of purchasing a multi-family unit. There are currently month-to-month tenants in one of the units that we would like to renovate and live in. They have been month to month for nearly 8 months and...
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Purchase Contract ?????
Just wondering if I'm in the right here. I saw a property that I'm interested in, I call the realtor back and give him an offer on the property with all my reasons why my price is right on. He agrees and says I'll sen...
Alex Beaver
Closing with Hubzu Altisource Premium Title
A Hubzu house was going to be my first leap real estate investing. I signed into a purchase with Hubzu November 11, 2014. Cash offer in Indianapolis and my agent advised to use a local title company. Everything went s...
Jeremy Morgan
Potential buy with Difficult Tenant
Good Morning - We are looking to invest in our first property and came across an interesting opportunity. My mother put us in touch with an old family friend that is looking to sell her recently deceased father's home...