Karl Kauper
Self-managing a property out-of-state
I own a 12-unit in Euclid, OH. I live in NJ, so I currently have a local PM. However, I am looking for ways to cut costs, so I am considering attempting to manage the property myself. I previously managed 5 units myse...
Kevin Vasquez
What stands out to you on this initial cost worksheet?
Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k). My broker is saying the broker fee is a standard $3000 amount bc the amount requested i...
Maryann L.
R they reserving the right to pursue?
I believe ASC is reserving the right to pursue a deficiency, although it doesn't acutally SAY it like that.
Would someone be able to interpret this for me?
"Upon satisfaction of all terms specified above, the mortgag...
Katherine Aguilar
Calling Motivated Sellers RIGHT NOW! Second Attempt in 4YRS to get into it! Wish me luck!
Hi BP! Ive been trying to get into it for quite a while- reading a million and one books, blogs and everything in between to actually going to THAT $2000 course for a weekend. I'm determined to get my first deal under...
Ryan Woodward
Tried numerous attempts without 20% down, but need it in order to get loan. Any suggestions?
Any help is awesome. I have pending a property with 2 separate houses on one parcel. 2 bd, 1bth, & separate garage + 1 bd, 1bth, & sep. garage. Asking $145,000. I have $10,000 in bank, $10,000 in stock market....
Dakoda Spencer
Looking to buy first duplex, but it has section 8 tenants. Avoid?
Recently a decent duplex hit the market in a local town. I scheduled a walk through and went and saw the property (I'm a licensed real estate agent). During the walk through, the tenants let me know that they are both...
Dan Green
Financial Structural Issues
Good morning everyone. I'm stuck in a couple of financial structural issues that I was hoping someone could help me attempt to resolve.
I have 2 duplexes; one I live in with the other unit rented out and the other's ...
Phoebe Hodges-Carter
Charging different Security Deposits for the type of Renter
I'm a new property manager and have a house listed on the market to rent. I suggested to the homeowner that we charge one months security deposit for section 8 renters and one and a half months deposit for non-sectio...
Melvin Maxwell
Foundation Issues on Condos on Single Slab
Any SA investors have experience with potential deals on condos or townhomes where the subject property is one of several on a single slab foundation with clear issues. Do you just avoid these like the plague? Do yo...
Vernon Henry
Purchase of Lease optioned property
I have a potential agreement to purchase a sf property she has had under a lease option agreement for 8 yrs. She is attempting to sell the property to me. A previous attempt to sell the property was cancelled because ...