Alan Walker
Market of the Moment - 5/13/2022
Friday the 13th, oooooooooo spooky! You know what isn’t spooky? HAVING MORE INVENTORY. We are approaching 400 homes on the market in Salt Lake County under 700,000. Considering we were under 200 earlier this year, ...
Curt Bixel
Can you get a copy of someone else’s inspection report?
There’s a property I was interested in. Before I can make an offer it was put under contract by an out-of-state investor. After having an inspection done and receiving the report the out-of-state investor walk from th...
Kyle Z.
deals are slipping through my fingers
In the last couple weeks I have found multiple great deals on the MLS (mostly foreclosures). The last two I found the same day they were posted and called the selling agent the same day. On both occasions, I set up a...
Aharon Najafi
How to negotiate a seller’s price down
I’m a bit of a newbie….I’m in contract on a property and have already completed the inspection. There are several things that need to be done including the roof, foundation and deteriorated subfloor. I’m asking for a ...
Matthew Todd Peay
Questions from a Newbie! (How does the process actually work?)
For a little bit of context, I live in a fairly high priced market and I am brand-new at investing. I have looked at deals online for the niche I'm interested in, but all the deals there are either priced too high or ...
Lee S.
Tired Landlords
Looking for some feedback on how to deal with some tired landlords. I've spoke to 2 of them today, both own multiple houses with a lot of equity. They want to sell but also want full price. One has a month to month...
Mahinda Horapakse
Hard money on wholesale deals
I’m in a dilemma. My wholesaler accepts hard money. But my hard money lender requires a detailed repair scope of work to be filled out before being approved for the loan. This would require me to have my contractor do...
Andrew Halbert
Bad inspection, deal fell through
Another first for us. We had a house under contract in Warren Mi. Cash offer, house was a SFR and listed as turn key. Long story short, the inspection found several big ticket items that were at end of life, roof, ...
Obadiah Roszman
Find the Opportunity, Make the Deal.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $45,000
Cash invested: $85,000
The "problem" (opportunity) to solve on this project was the downstairs uni...
Account Closed
Inspection Prior to Purchase
Im doing my first long distance deal and Im having the agent walk the home along with a general contractor. The contractor will be giving a list of needed repairs or costs to remodel. Question:What is typical for cost...