D.C. Sparrow
Homeowner Walking Away, Wants 5k to Deed the Property To Me?hort Sale
Hey Experts,
I signed a contract to do a short sale with a homeowner. However, now they won't sign authorization to release nor continue with the short sale. They want to walk away and will sign a warranty ...
Shawn Root
Honoring an existing lease
So, if you purchase a multi-family property and one of the tenants has been getting a discount (written into the lease) to do yard work for that property as well as another one that the seller owned, how can you conti...
Tim Youse
Are these closing costs high? Need opinions - Baltimore, MD
I'm looking to purchase my first deal in Baltimore, MD and have found a decent deal on a 3 bedroom for 79k that needs little work. The property should cashflow about $340/mo using property management and about $460/mo...
Danh N.
Upcoming recession and how to take advantage of it?
Hi everyone and I hope you all have a wonderful day,
First, a little bit about my background. Around December 2019, I partnered up with an experienced hotel operator in Colorado on a $3.5m hotel. That obviously didn'...
Tamara Taylor
Buying an REO from a VA bank
I am ready to buy my first house to flip (yay!) and it's owned by a VA bank. They've been slow, which I expected, but now they want things to close quickly. I think they were holding out for a vet to buy the property....
David L.
How do you analyze VRs in a changing industry?
This thread in the context of new fees on VRBO/Homeaway prompted me to think of creating this one.I wonder how investors analyze a vacation rental property. Do you try to find a ROI high enough to cover potential pitf...
Gurjot Grewal
Would cracking in foundation be a deal breaker for you?
My realtor sent me a video of the walk thru. (remote investor) Its a 1500sq foot duplex. Early 1900 build. One side occupied one vacant. Property needs all new everything. Was originally budgeting 60k for rehab. Upon ...
Keenan B.
Best way to spend 150k HELOC for passive cash flow?
Hi folks,I’ve currently got 150k equity at my primary residence. The lot is spacious and there is a great space in the front yard for an ADU that would be very removed from the part of the property we spend our time o...
Keena Santos
Owners in PCB - how are you surviving upcoming slow months
Calling Owners in PCBFirst time investors in Panama City beach area and experiencing slow month in august and it isn’t even the colder months yet, how do you guys manage during winter months? Our PM has postings up fo...
Paul Doherty
Better off liquidating property & paying taxes to get notes?
If I'm going to sell a property do you think I'm better off avoiding the taxes and investing 100% of it into 2 or 3 additional properties, or would I make more money by simply paying the capital gains tax on the proce...