Jeff Lee
Help Me Analyze! (Foreclosure Purchase)
Purchase Cost: Paid $66,250 (all cash), home inspection ($350), title (?). I'll just go with $67,000 to make it nice and even.Details: 3 bed/1.5 bath, 1312 square footObjective: Simultaneously list for rent or purchas...
Andrea Jones
Do you feel that 'too' many questions are indicative to potential picky tenant?
I'm reading through old threads, which made me wonder if seasoned landlords are able to sniff out tenants that will be too needy, complaining about every little thing, or asking for extras after signing lease.I have b...
Marian Smith
Will newer Austin investors be able to exit at all? Ever?
Redfin just alerted me that a 1300 sq ft home listed at 185k closed having sold for $198k...not in Austin proper but in suburban Brushy Creek just off 45, fairly close to the new Apple campus. The house is now listed...
Justin Madison
Should I Invest in this Flip Opportunity?
Hello BP Community! I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected d...
Craig Herring
First offer was a flop! Any ideas for my next one?
Well I put in my first offer on a 3 unit MFH this past week and it was rejected...without a counter offer...and was told my offer insulted the seller!Although I knew it was a low ball offer and didn't expect my first ...
Brad E.
Duplex appraisal value 11K under contract price...now what?
I just received my appraisal back on my first property (duplex). It came back 11K under the purchase price agreement. Not really sure what to do now. Any advice?I reached out to my agent already. She unfortunately...
Anant Garg
Non disclosure of known material defect for residential property
Not sure if this is right thread to post this question. Let me know if that is not.This questions is related to residential property in california. As per California laws, seller has to disclose any known material de...
Max Vishnev
What You Need to Know Before Buying Your First Property
Buying real estate is more like a marathon than a sprint. It’s going to take a while. In fact, it may take months to get from the initial search process to the closing table.
So as a busy Realtor (NJ) and real esta...
Derek T.
Rehab Costs
Okay so I am trying to get better at estimating rehab costs and currently I am trying to come up with a list of how much repairs will costs. From my understanding their are two philosophies when it comes to repair co...
Mike Buckley
Turning down tenant requests
Looking for some advice on how to turn down tenant requests. I would like to consider myself a "great" landlord. I take care of problems immediately and always think "what if I was living there what would I like to s...