Jon Rusnak
Holy Moldy - Bathroom Sink
Hey Everyone! I recently purchased a single family home and we were getting a strange smell from the sink in the master bath. The other bathrooms in the house didn't smell and after some research it was recommended t...
Tony Schreiner
How to Wholesale in a nutshell?
Good evening BP, I have searched all through the wholesale forums, along with the "flipping contracts" discussion topic and put together an 8 step plan to wholesale contracts while Driving for Dollars, from what I lea...
Brad Meyer
Do Future Sell-Side Commissions Affect Buy Price?
My question is in regards to how commissions and vacancy affect the buy price. I understand when flipping a house, most calculations take into consideration how much you'll have to pay in commissions when you sell th...
Jason Pavloff
Mechanics lien I need some legal advice please
I was told that instead of doing a HELOC that there is another way to pull money out of my property. A mechanics lien... I've searched all over the internet the last 2 hours, and nothing really talks about what my loa...
Kenneth LaVoie
Sell or hold poorly chosen property
I started out fast. I had a 5 year plan and condensed it to 1. As a result, I made a few mistakes all at once vs. make a mistake, learn, make another, learn from that, etc. Okay, lesson learned, but "compression" is i...
Joe Gilroy
Mobile Home park - Deal analysis
20 site Mobile home park List price - $375,000Cap rate - 10 No park owned homes - all site rent 14 occupied with potential upside of 6 sites to move new homes onto$350 per month site rentPark pays water /trash8 a...
David Reo
Picking a Market and Boots on the Ground
After some market research done on ListSource, I have narrowed my wholesaling venture down to two zip codes. The first one is Redwood City ,CA (94061 - a local market) and Fort Worth, TX (76180 - a virtual market). Th...
Howard L.
Selling for a loss, trying to get tax deductions
Hi,Complete newbie here. I am considering selling my primary residence. I will have a very large loss if I sell (on the order of 30% below purchase price), once you consider the purchase price from 2006 (ouch!), m...
Jack B.
Built in microwave in kitchen, how expensive to replace?
Tenant said that using the microwave suddenly trips the breaker. I told them to stop using it for now until I can get my guy out there. It's one of those older kitchens where the microwave is built into the cabinetry....
Nick Arenaso
How upfront should I be with a potential buyer about home flaws?
Hi AllI'm selling my primary residence FSBO. I am in a very desirable neighborhood and have gotten multiple request from potential buyers simply by word of mouth. The house is in immaculate condition aside from wha...