Jacob Perez
BP Canada - Let's Mastermind to hit our 2018 Investment goals
What's up BP Canada Family.Something some friends and I do that I've found really effective is to Mastermind regularly to keep everyone on-track, focused, and accountable towards their goals. Would love to hear everyo...
Yu Chen
tenant paying 1 year rent in full, good or bad?
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
John Ringgold
What's the typical lease missing that you've added to yours?
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Elizabeth O.
Selling a rental property owned less than a year
Hi! I'm a new member trying to decide whether to sell a rental property and would appreciate any opinions.
The property is a SFR in San Francisco. It has 2/1 upstairs in the main house and 2/1 downstairs as a...
Dennis Nikolaev
I woke up with $1.1 million equity and have NO idea what to do.
Thank you for opening my post.I was haphazardly dumping cash in San Diego rental properties since 2006.I don't call it investing, because I had no idea what I was doing. Fortunately, I got in on the upswing of 2012 -2...
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Nick Brubaker
Great sounding tenant with questionable dog - should I rent??
Hi everyone,So I am getting closer to finding a tenant for my first SFH rental. It has taken me exceptionally long, probably because it is my first time going through the process. This is probably a C-class house wi...
Alan Asriants
NAR Settlement - HOT TAKES
I have a few HOT TAKES on this recent NAR Settlement News
1. Buyer's agents won't wait long to get into written agreement with a Buyer. Right now, many agents don't sign any agreements until they sign an offer. With ...