Steven Walter
Risk Management - Flips
I'm preparing for a meeting with a prospective investor/partner to discuss flipping houses. I want to cover in detail the risk and the downside to avoid any unpleasant surprises. Of course there are the obvious consid...
Rick Albert
Taking a 5 Unit to a 4 Unit
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Anthony Villasenor
Do these numbers make sense? Is this worth my time?
Hi, I have a situation where I’m sure all of you have been at some point. I am currently looking at purchasing a fixer upper for BRRR. The property is being offered by a wholesaler at 27k I offered 24k and they said y...
Corry Taie
Wachovia Acceptance Letter... Any Ideas???
Ok.. So I get an acceptance letter from Wachovia on Friday on a property that I'm shorting. In this acceptance letter it says...
*Wachovias acceptance of short sale proceeds is contingent upon there being no other pen...
Rashard Alomari
Tax sales and title insurance fails
I've come across a few deals that were purchased at tax sales in Shelby county, Memphis, Tn and wanted to know if anyone has experience in methods of obtaining title insurance for these properties. Or if it's even pos...
Darrell Brown
House Hacking Liability In Time of COVID
I am buying a house this week. I am planning on renting out several of the bedrooms. I have been thinking about what ramifications the virus may have in a house hacking situation. Obviously, the health risks are re...
Bill Mitchell
Buying a Vacant Distressed Property
It looks like I will be able to get a smoking deal on a property here in DFW that I might buy for myself its so cheap. Well, buy for myself temporarily. I was considering taking title and then sticking the propert...
Jeff Tumbarello
FRB_MoneySuppy_1959-2009_090609 - The Future With Some Disgusting Clarity
So, I was doin' what I do when sleep doesn't happen... I shoulda
knocked myself out instead.
This fresh-off-the presses FRB Report can be found at:
http://www.feder...
Carrie A.
Home Warranty Plans, yay or nay??!
What's everyone's opinion on buying home warranty for your rentals??? My real estate agent suggested it. I never really thought about it...... Any input would be great!
Jordan B.
How much do you pay for Landlord Insurance?
Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...