Ryan Billingsley
Security deposit up front only option?
We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she fou...
Shefali R.
Wells Fargo short sale negotiation - help!
We bid $166k cash on a Wells Fargo short sale property in January. Bank came back today with a counter of $175k (which includes $10k relocation for seller). We want the property but want to counter the smallest amount...
Leonard Rybak
Recent issues with mortgage broker
Hi everyone, just wanted opinions of this community. I have done 3 deals using a mortgage broker recommended to me by a real estate agent (who I no longer utilize) This mortgage broker was a little shakey on the fir...
Hannah Price
Thought I'd get the best response from this forum topic.
Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....
Attila Bertalan
Broker/Agent/Investor Dillema
For the past few months I placed investing on hold to study for the California RE License.My excitement of receiving the license in the mail is abruptly turning into disappointment. I got my license mainly for MLS acc...
Chris V.
My First Deal: A Duplex
Hey folks, well I think (hope) I finally found one that will work for our first deal. We are still in negotiations, and I could use any suggestions you fine folks would have. Couple top-of-mind questions I have:1. Doe...
Jacob G.
Best Story of a Tenant Taking themselves Out of Consideration.
I had a prospective tenant call me the other day, who seemed very excited about a house I have for rent. In the process of telling me she was interested she told me she was taking her current land lord to court becau...
Todd LaPierre
Another victim of Scott Carson, We Close Notes and Inverse Assets
Like Gerry's earlier post, I was very reluctant to share my story. But now the time has come for me to share like Gerry so that no one else gets themselves in a bad deal with Scott or anyone else. I specifically wai...
Tyler Dunlap
PM sending repairs off to his own company for enormous markups!
Hi all, I am furious. After some investigative work, I confirmed my suspicions. My property manager has been severely overcharging me for repairs for months. Like ridiculous markups. As it turns out, this guy OWNS...
Bobby Narinov
Cash for Keys - pros and cons
OK. We all have been there. You have a bad tenant and you want to evict them fast.But the process is long and expensive. Here in CA it takes 1.5 to 3 months to evict someone and about $800+. If your rent is $500-$600/...