Hello, I received a lead from an investor friend for a condo. Here is the situation: the original owner did a lease option to a college student with a 30 year mortgage. Original owner owns the condo free and clear. Th...
I've been learning a ton through various means for about the last 6 months and have made it my goal to acquire my first deal this year. While I have been open to mobile homes, it was not my intention to go that route,...
Hello Everybody!!!!
Hope you are all well.
I was wondering if anybody has any suggestions in this scenario. I am currently talking to a homeowner who owns an investment property and is 5 payments behind on her mortg...
Received this today from a tenant who has been a few days late in the past. I've been gracious. I moved their due date to the 15th so they didn't have to pay a late fee because they were always late. Today is the 2...
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...
Not that one needs another reason to dislike Homeowner’s Associations (HOAs), but try this one: paying for the same services three times. The abusive and illegal practice of charging HOA Transfer Fees on the sale of ...
I've got a story. I recently purchased another rehab for rental and when I arrived at the home yesterday to work, there was a note in the door from someone (Calvin) that wanted to either purchase the home or "rent it"...
The thought of partnering up with a homeowner to fix and flip crossed my mind, and wanted to get thoughts on the idea. These would be people with homes that need some work, and are looking to sell. They would get to s...
I wanted to share something I created, and would also like to get feedback. Like many people do, I invest in several geographical markets, but wanted a way to visualize the expense breakdown of exactly where my money ...