Joe Johnson
Rent or Sell within 2/5's rule
Greetings,First post here. Just discovered the podcast and have been devouring episodes! My current situation is this: Purchased a 1450 sqft 3/2 single story cul de sac greenbelt house in Pflugerville in late '09. ...
Eddie Sorrell
Just closed on four-plex and meeting with existing tenants....
Hi All,We just closed on our first buy and hold property, a four-plex. The units are currently rented, but way under the market price. I reached out to each of the tenants, confirmed they are interested in renewing f...
Cecil Russell
An existing franchise business with excellent equity built in.
I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This...
Charlotte Kelso
Long-Distance Investing - is it really that straightforward?
I am just starting out on my investment journey, beginning with getting educated. Hoping to get some insights from some more experienced investors! Because my market is expensive (Victoria, BC), I am considering long ...
Michelle Black
Help! Tenant won't pay, lawyer won't respond!
I'm going to start off by saying that we've made a lot of mistakes. My husband bought a house many years ago and had a family member live in the house. A year ago this family member came to us and said that she can no...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Account Closed
broken appliance
I put a new refrigerator from Lowes in my house to sell. During negotiations, the buyer said he worked at an appliance store and preferred a lower price and no refrigerator. So, I saved it back for my next project. ...
Joshua Manning
License vs WHolesaling
Hey guys, so I know that there are tons of blogs and posts on whether or not t get a license, but I just wanted some input on my personal decision on whether or not to get a license before I decide.So right now I'm st...
Marcus Auerbach
The publics view on landlords and tenants
Yesterday I met the new tenants at their future home to hand them the keys and go over the operating basics for their home, gas, water, electric, filters etc. As we are standing outside wrapping up a neighbor lady com...
Eric NA
Rental Property Vs. Flip buyer
What's the difference between getting a property under contract with the intent to market to flippers vs landlords?
Obviously if the price is right, both will be interested. Should I stick with my formula (ARV * .7...