Leslie Purdy
Insuring a Rental while active lawsuit against old insurance co.?
2 years ago, we found a water leak inside the wall.We made a claim. Universal denied the claim.We filed suit against them.Now we cannot find new insurance at all, so lender FORCED their insurance at $3200 per year.Do...
Jason Haase
Flip 3/2 with Master suite or 4/2?
Is there more value in a 4 bedroom/2 full bath or a 3 bedroom w/master suite? Renovating a 1950s brick rancher with limited space. It would be a simple matter to combine 2 smaller bedrooms and existing bath into a s...
Bill Bell
Unemployed Tenants
Well, both tenants (married couple) are now unemployed and claim they have no income to pay rent. The locality is a seasonal resort area, thus employment opportunities are challenging this time of year. Thoughts on ...
Jennifer Umbaugh
Gravel or grass
I am nearing completion of a rehab/addition for flipping. The property is an older home in an historic neighborhood and backs up to an alley. Some of the homes in the neighborhood have put gravel in the backyard for ...
Jon S.
Calculating a potential Sale price - Future Value Calculations?
What formula do you use to determine how long to keep a property? I'm not sure whether to sell or not, I'm not inclined to sell, but if I decided to sell, what formula is best to use to capture the value it has to me,...
Gary Dezoysa
Are seller referrals a good source of deal flow?
In some businesses you can drum up quite a bit of business by marketing your customer list for referrals. How do you guys feel about doing this with your home sellers? I think that someone who has trouble keeping up t...
Oren Yehezkely
Seller wants cash only but closing day is 4 more than 4 months aw
Hello,I am considering purchasing a condo in Miami. The condo is rented but is offered for sale now (cash only).The closing will not be before the end of the lease which is in September.First, I am not clear why the s...
Tyler Hall
Tampa Investors - Garage vs Car Port
Tampa investors I have a question for you. While looking through Zillow I noticed a lot of homes have turned there garages into extra bedrooms or homes only have garage ports. It’s my personally opinion to have a gara...
Lizbeth Vaquero
Multiple offers- submitting my "best" offer
My realtor just emailed me the Multiple offers notification, she asked me to submit my best offer by Saturday. Running some numbers on the BP calculator for fix & flip. Anyone have an idea of usually what percent...
Jim Bowser
Can you do a short sale after auction during redemption?
For those of you that do short sales, have you run into situations (or is it the norm?) that banks will not do short sales if the foreclosure sale occurs, even if there is a 6 month redemption period (Michigan)? I've...