I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
My current tenant wants to add their boyfriend to the lease. But upon looking at court records this person has multiple driving violations and charges of criminal trespassing. Would you pass on this potential tenant o...
I keep hearing about how much Detroit is the worst etc on the podcast. I have a feeling it's mainly being referred to as the scams that go on there and the people who take advantage of new investors. So rather than sa...
What is a fair profit split on a 100% funded rehab flip JV partnership under the following circumstances:1) Rehabber who has limited rehab experience?2) Rehabber who is very experienced?3) Funding partner will do ...
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.
It's clear,...
Hi there. Closing today on my first investment property. Bought it sight-unseen from the bank. Curious on how you would approach this situation? I will be able to knock on the door for the first time, later today!!