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It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
Good Afternoon,I am just starting out in the RE investment arena and have already hit a snag. I found a property that fits within my criteria and I attempted to put in my first offer on an investment property. The r...
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I am just starting to make offers and noticing that the list price is consistently around 30% more then the price that makes sense that works with the rental calculator. Should I make many offers and try to see if I c...
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Hey BP members!! I've searched through BP's post and I didn't quite find a post that answered my question which is, does most rehab or landlord investors accept offers for properties that have more then one mortgage a...
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I am trying to get my first solo project done. I believe its a VA foreclosure even though a BOA contact number was left on the garage door. Here are the details:
4 bd 2 bath
Full unfinished basement
Lake in back ya...
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Ok, my first offer got accepted. Now I have many questions. It is a duplex in cleveland with 2br/1ba each unit also attic has 1br/1ba with kitchen so upside potential is to convert one unit to 3br/2ba or rezone to tri...
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Hi All,We have a coin-op washer and dryer. Washer costs $1.50 and dryer costs $1 per load. Recently, the dryer coin machine got jammed and now the replacement accepts only $2. How should we inform about the increase i...
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Hey BP,I am ready to accept my first tenants in my first SFR! I would like to remain the 'Property Manager' and not the 'Owner' in the eyes of my tenants. I have not yet set up an LLC and I would like them to put a de...
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I need advice. I made a best and final offer, along with 8 others, on a duplex in my local LA neighborhood. My offer was for $911,000 but a few hours after submitting, after a discussion with my agent, I increased my ...
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I have been considering credit cards as a payment option.
My BIG hesitation, is a tenant who pays, and then within 60 days "disputes" the charge to try and get out of paying the rent. This is a big problem for some ...