DG H.
Old Texas Landlord law?
A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
Billy Barnes
Need help financing a deal; all advice welcome.
Hello everyone, I just moved to the Pensacola area and still discovering local groups to network with, so when I found a couple of properties that I'm interested in, but I honestly just want to talk shop and discuss h...
Michael Wentzel
2 more under contract... looking for feedback
Hello everyone,
I managed to get two more properties under contract recently. These two will be just my 3rd and 4th properties. So I'm looking for feedback as I continue to learn.
#3- 2 bed, 1 bath sing...
Emmanuel Sasu
Sherman Bridge Lending User Beware!!
Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Cory Jones
Purchase Offer without Agent
How do you go about sending an offer letter to a seller's agent if I am not represented by a buyer's agent? My state requires all offers to be on official state forms, is it legal for me to use these state forms or a...
Theo Carrazco
Eviction versus Foreclosure, which is worse?
Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications, and explicitly said...
Jose T.
Bidding on Second Mortgage at Auction in 2 days, big questions
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...
Account Closed
Ever Witnessed a Wholesaler being ABUSED by Cash Buyers?
This week in Atlanta, my partner and I closed a $45,000 assignment on a wholesale deal.This deal was brought to us by a newer wholesaler who was hoping to make a few $G's on the deal. In fact, he would have been thri...
Account Closed
Million dollars
If you had a million dollars to invest, what kind of real estate portfolio would you create? (One large apartment complex, diversify greatly, etc.). Curious to see different strategies.