Mike T.
Advice on getting REO offer accepted
My partner and I have flipped 3 properties during the past 8 months. We have found the best deal to date listed on Wednesday for 206,000 with an ARV 400k+. The property needs a new roof, two ceilings have severe wat...
Shane X.
Bank approved and offer accepted,BUT.
Hello everyone!I've been a long-time lurker on these forums and haven't been on here for a long time, it's great to be back!So, I'm in Europe visiting family and the market is booming in my home land. I got approved b...
Ben Ballinger
Listing Agent Lied about Offer Accepted?
I put an offer on a property, and the listing agent asked if that was "highest and best" due to receiving multiple offers (keep in mind, this property is a complete hell hole and I doubt they received any other offers...
Joshua Dorkin
Acceptable protocol on a commercial lease
Hey all - I wanted to get some feedback regarding commercial leases. We're shopping for office space and recently received a lease. After reviewing it with my attorney we redlined the documents and sent it back to the...
Mason Jeffries
Rental income... Do lenders accept it?
So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
Armando Ramirez
Accepting furniture when out of state
Currently making plans on furnishing my STR which is out of state (I’m in NC and STR is in MT). We are wondering what’s the best way to receive furniture (couch, beds, etc.) when we aren’t there? Ring doorbell and Sc...
Steven Braden
Accepting applicants who are in collections
What are your best practices for accepting an applicant who has a credit report showing active collections? The credit score meets our criteria 640 or greater, good landlord reference, and income of 3x's the rental r...
Jigar Kadakia
Gatlinburg Price/Property advise - offer accepted
As everyone knows the market in the Gatlinburg area is quite heated up- I got interested in a new construction cabin and made an offer at asking price. Need advice from experts out here in the forum -3 Bed / 2 BathCha...
Sabrina Mck
Accepted Offer , Agent lied about tenants
We are in the process of house hunting, and finally received an accepted offer. Upon viewing the property the agent told us the tenants would be moving out immediately. We decided to move forward and conduct an inspe...
Chris Wilkening
When do you accept your profit?
Recently bought my first rental property. After all expenses it should cashflow around $157 per month. My question is when do I withdraw the profit? Ideally the reserves would cover anything that came up, but you neve...