Arjun S.
Buyer price escalation clause. Any limits?
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Parish Benoit
Equity trade for a camper trailer
I'm wanting some feed back on how to write up a Purchase contract where the home owner will sell me her house for what is owed ($30k) with a value around $60k but wants a 20' camper trailer.Ok, I can definitely pull t...
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
Hi all,Looking for your favorite way to build marketing list. To preface, I have my real estate license and generally pull a list of presumed high equity(purchased more than 10 years ago), absentee owners in my target...
Ricky Jefferson
I Closed but now the HOA rules want allow renters
I closed my deal – but now I can’t lease it due to HOA rules .Well I was planning on writing this blog to explain how I got back into the real estate business after losing several properties in 2008. I had several cha...
Alexander Wardell
Spanish only speaking tenants
Hello everyone,I am hoping to gain some understanding about a topic I never gave a thought about until I came across it firsthand. Its regarding Spanish only speaking tenants. I am currently in the process of purchasi...
Dean Baluch
Lender Can't Sell Loan - says I owe money AFTER Closing
I'm in a tricky situation with my first deal.I closed on an investment property in Georgia and about 10 days later the lender is saying that the deal violates a Fannie Mae guideline in that the cash back at closing ex...
Amanda Brown
Advise Needed
My husband and I are looking into purchasing a home from a family friend to be used as a rental property. We have NO experience in real estate but would love to use this to get started. Our family friend loaned the oc...
Justin Provo
Tax Lien Income Classification
I am interested in investing in tax liens and I'm curious how the revenue from tax liens is reported to the IRS. Are there any IRS documents associated with purchasing tax liens (even if they are redeemed before forec...
Caden Wakim
Structuring a seller financing deal
I have been going with traditional loans using my lender for most if not all my real estate transactions, ill then pull my money back out via cash out and repeat. (BRRRR). I am now looking to branch out into seller fi...
Kevin Flowers
Where/How to start looking for probate leads
I'm looking to start getting probate leads to purchase homes in Wayne/Oakland/Macomb. Never done it before and don't have a clue where/how to start. I was thinking of sending letters to probate attorneys. Anyone have ...