Shirley Pu
Should I hold or sell? Seeking advice
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
Andrew Rellinger
What stops you from buying a house?
Here is my situation. I've been under contract for a house for 5 months now. Seller agreed to remidate mold. Inspection still found significant mold spores in the air of the bathroom and visible black mold in crawl sp...
Dan Lapp
Ethics During COVID-19
I finally feel like I am ready to get started in real estate, but like everything else in 2020, my timing wasn’t great - due to Covid, the market where I live has been stagnant. However, The CARES act that prevented e...
Christopher Giannino
Good or bad idea
I recently looked at a house that I'm interested in putting an offer in on. It's 4 bed room, 2 full bath house with a little over 1500 sq. ft. The sellers are a young couple and are expecting a baby within the next fe...
Kate Gofman
Primary residence to rental property minimizing gross income
Hi everyone,I plan to rent my house which has been my primary residence for 5 years, and move in with my fiancé .I am a single mother with 15 year old twin daughters. I don't have any savings. Of course, I worry abou...
Kajal Aggarwal
Refinance immediately after closing
Hi All,I closed on a property last week and the loan I got was 7/1ARM at 4.125%. The purchase price is 1.5M and loan amount is 1.2M. I had to agree for the higher rate under stressful situation as I was running out of...
Matt C.
Just completed my first wholesale deal, against my will.
After 4 months of yellow letters, climbing the learning curve and finally getting serious about finding deals, I made contact with a motivated seller holding a distressed property. He was an accidental landlord fo...
Ron Hollingsworth
Hiring a General Contractor, but selecting the Subs myself
If I bring a general contractor on and I don't like the prices that "his" sub contractors charge, can I hire the sub-contractors myself and still have the GC manage the project?
Peter Vekselman
When Did You Almost Quit Real Estate
No one quits real estate when things are going great. Its the challenges we all face along the way that knock people out. But for those of us who are still standing, I salute you!For me there were many times I have ...
Roger Doe
contractors, vendors, project payment
TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...