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I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
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Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
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I keep hearing many investors speak of the housing market and stock market as if we are in a normal situation. Everything is great and the stimulus has solved all of the problems that a global pandemic has created. Ta...
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One trick we use sometime is take a water hose from the back of a washer machine... I carry one in my trunk (With a plunger). Go to the neighbor and offer them $10 cash to run a hose from their outside faucet to your ...
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Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
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I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...
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5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
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If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...
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Another investor in my network recently got a property under contract, and was looking to assign it. I saw it on Monday, and he gave me his "buy it now" price (ie: don't wait to see if any other investors are interest...
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OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000 that just appraised at $226,000. Of course, I am not paying the original amount an...