Brian Raike
BRRRR purchase/rehab checklist
I just finished the BRRRR book by David Greene and I am developing a checklist/system for assessing a BRRRR deal. I would love some experienced BRRRR investor feedback!Background: I am an out-of-state investor, inves...
John Underwood
Vrbo Policy Updates: Partner Cancellation
My Vrbo account manager sent me this today:There are substantial cancellation fees if you initiate a cancellation.May of this year they also listed a temporary 7-day suspension of your listing.They really really don't...
Steve Tupper
Addenda
Hi, I was wondering if anyone has been required to submit addenda w/the initial offer for an REO. My understanding is that you place an offer on the property and if accepted, you then submit the addenda. I'm intereste...
Gene Boykin
South Dakota Sheriff's Auction
I'm just getting started in the fix and flip business. We are initially looking at pre foreclosures and sheriff's auctions. In some instances at the Sioux Falls sheriff's auction the bank will make its initial bid s...
Ryan Dossey
$41,583 Flip Profit after 5 months!
We wholetaled this house in October for a profit of exactly $41,583!
The property came off of a direct mail campaign to a seniors with equity list purchased from List Source. We targeted SFR properties with 35-100%...
Deanna Kiser
REO list price question
Hello, been reading for a couple days without finding an answer to my exact question, and because I'm running out of time, I'm asking though I'm sure further searching might help:Is the REO listing price (on MLS) ever...
Grace Santos
Advice on DSCR loan for cash out refinance
Hello, I'm doing my first DSCR cash out refinance on my short term rental in Indiana. It's currently owned under an LLC. I'm working with a broker right now and just received the initial disclosures. This is where I'm...
David Robertson
Making Offers on REO's and HUDs
What is your general strategy when making offers on REOs or HUD properties?
Do you typically make an initial "low ball" offer to see if they will accept it and then make your maximum offer price after that?
Interest...
Leah Fisch
What is my attorney telling me? LLC Confusion
I hired an attorney to file a 50/50 partnership LLC for my new rental property.I clearly asked for the LLC to be a 50/50 partnership and provided all the necessary information. I received the initial filing documents ...
Ay Zed
Can he take any of my deposit?
Hi all, I recently moved out an apartment in San Carlos, California. My landlord did an initial walk-through inspection 10 days before my move-out. He said everything looked good and did not leave a written list of da...