Mark Taylor
Security Deposit Withholding
We lived in a really nice house for about 7 months and our landlord sold it. We were aware that this could happen, but the problem is that we had a tear in the carpet that we knew would need to be replaced. We were mo...
Chris Nwoke
Need Advice On First Potential Deal w/ Title Issues
After doing some searching, I ran across an ad by a motivated seller. His asking price is $60K for a 3 bedroom house that needs $30K in repairs and has an ARV of $160K. From what I can tell, this sounds like a good ...
David Roe
Why is Hard Money Private Lending so difficult right now
Seems like getting lending is over complicated and no-one wants to make money. I have done 5 deals on my own in the last 3 years 3 in the last year. 720+ credit score across all 3. And about $28k in the bank, LLC wit...
Jared DeValk
Unscrupulous Wholesalers
I have some investors that I'm good friends with that asked me to find deals for their rehabbing. I know them well and they have just been approved for an unlimited total line of credit for rehabs, but a per deal p...
Jose Rubio
Land Trust and Fraud (?)
I am very new to Land Trust and all the possible uses of them, but I wanted to post something here and here opinions on the validity of this transaction. I will try to explain to the best of my ability what I have...
Mary lou L.
Painting huge rock fireplace
I have ideas on this fireplace, since I cant demolish it (for now) I think a coat of paint is in order.What do you think?It wraps into the kitchen though, I was thinking of having some shelving placed on this side..
A.R Shakir
Being Sued by Tenant
My tenant in Chicago send a claim from a lawyer, stating I owe 27 thousand dollars in damages for not returning the complete security deposit. The security deposit was 10 thousand dollars, she did not pay the last mo...
Jason Koehl
Paid 2K commission to realtor for tenant stayed less than 3 month
My friend who is an agent listed my home for rent on the MLS. Another agent brought me a tenant and their tenant signed a lease. This tenant lasted less than 3 months and then eventually moved out after giving an ev...
Nick Wilkinson
Buying duplex at 100% LTV! Over-Leveraging or Good Deal?
Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
Jahan Habib
Proper Positioning for a Downturn/Crash
This is not intended to be a doom and gloom thread about any potential economic downturn some time in the future, but rather discussion regarding the proper position oneself to benefit resulting from such an event.I w...