Nat C.
Odd behavior from electrician?
I met with an electrician about upgrading and updating all the electrical at my house.
He sent me the quote the next day and I agreed.
That evening he turned up at my house to collect $500 cash to buy materials.
I sai...
Serge S.
Due on sale clause was called by bank!
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Rachel Gill
Rehab Addict
Like many others, I was originally drawn to the thought of REI after watching too much HGTV, specifically Nicole Curtis' show Rehab Addict. This question is for the seasoned flippers out there...is there any place in ...
January Johnson
Can I buy a home directly from an owner facing foreclosure?
Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction? For example, I see a home up for auction, and the amount owed is about $38,000. Assuming this is the only debt (and I...
Justin K.
Small Claims Court for breach of contract with a contractor
Long story short.Bought house, needed work, hired contractor with an agreement on price for work. Started work in first of November and told it would be end of the month before it was done. Now we are in the middle of...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Sophia Boro
Why do some investors allow unpermitted work?
There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...
Ben McMahon
Is this the end of the Traditional Real Estate Agent Era?
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
Alex Corral
Those who finance investment properties
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Lubasha White
Lis Pendens from nowhere
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...