William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Jason Malabute
$200 cash flow but cash roi is only 2%
Looking at a duplex. It is in a good school district and good neighborhood. The asking price is $247k. My realtor said it is not unreasonable to offer $230k. Judging from videos property is in good condition. No major...
Ryan W.
First time REI looking at a mobile home park
Hi all,I found a 17 pad mobile home park for sale about 30 miles away from where I live. The park owns 11 of the units and then charges a lot fee for the other six. I'm hoping to make it up there soon to look at in pe...
Jake Jefferies
Realtor/Prop Manager/Investor from Palo Alto, CA (Silicon Valley)
New member who lives in Palo Alto, CA. Realtor and property manager in the silicon valley, mostly property management. We manage around 600 doors from South San Jose to San Mateo. We have a satellite office in Denver ...
Lindsey Deno
Etiquette on utilizing RE Agents
Hey everyone! My husband and I just did our first unplanned flip and are currently looking for property to reinvest our gains in(1031). I decided to share our story on fb(good idea or not, I'm not sure) to get the wor...
Mike Hoherchak
May 16, SEC Crowdfunding Law, what does it mean for RE investing?
So I came across this article today. Starting May 16th, unaccredited investors can now take part in equity crowdfunding. Here's the full article from Entrepreneur.com: https://www.entrepreneur.com/article/275215Of cou...
Rick Rucker
Cleveland: The city of incredibly low purchase prices & HIGH ROI
AllAs a lender that's been in not only this market going on 11+ years but California, NJ, FL as well as several other states in the past, I can tell you one thing remains true: Rent rolls are extremely high for the co...
Rick Reed
Distressed houses?
Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
Matt Crow
Need hand on a potential deal
Thanks in advance. This seems too good to be true so I need some insight.3 family for sale for $359,000. Verified that it's fully rented for $3500 gross/month.Tenants pay all utilities except trash removal at 900/year...
Sofiya Cherni
Incentives for tenants with chronic late payments
Tenants usually pay on the first Friday of the month. I’ve had them for 2+ years, 0 payments were received on the first of the month. I don’t send out late rent notice nor eviction notice, they are my literal neighbor...