I started interacting with a RE agent months ago when I began looking for an Airbnb investment. The agent has been communicative the whole time (something that I can say about 5% of agents in my limited experience) so...
My first direct mail campaign is now beginning its' second month. As expected, most of the calls that come in are folks that just want to know what I am up to. They throw out huge numbers for their properties and hope...
I was about 5 days from closing on my first place (an up/down duplex + cottage)...when the lenders (a typical residential / investment lender) said he would not fund the transaction...because the appraisal came back s...
Short and the sweet story, My contractor goes to my flip today to find the locks changed and lockbox on the back door. I own it free and clear. Taxes are paid. I even checked the county database I still own it! HEHE.....
Everyone has an opinion. I've been talking to a couple friends who think he is God Almighty. They wish for one day to meet him. Being the skeptic that I am, I attended one of these seminars ran by one of his speakers,...
All,I have one unit that is about 1150 sqft, 2br/1.5 bath 2 stories. From my PM I should expect a quote about 2-3k. What have yall been quoted before? How can I reduce the cost, aside from hiring off craiglist. This i...
Hi Everyone!I invest in college rentals and am looking to grow my portfolio. My partners and I currently own 2 2-Families and 3 Single families in our market with goals to reach 35 properties in 5 years. I would like ...
Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
Hi all,
Just a quick question. I have been accepting mortgage payments on a property that I sold for the last few months. I would like the buyers to get credit for always paying on time "so far." I asked my CPA and h...
Hi,I'm closing on a deal tomorrow (finally!!!), but have this second deal on the table.The seller and I agreed verbally on a $39,500 finance offer...where I put in 50% down of purchase price (so 20K), have the bank ba...