Andrew Hofing
Is it acceptable to have final inspection contingency on a As-is SFR house?
We are looking @ purchasing SFR house that needs a lot of work, probably $45K in renovations. The property has a section 8 tenant that is mo. to mo. and seller is willing to evict prior to close. These tenants have ...
Antonio Bodley
Can I still make an offer?
I got me a motivated seller ready to sell his house. Can I still make an offer if I only saw the outside of the house? The seller is out of state and gave the house key to someone else who he now has issues with. He s...
Sam Rockafellow
How do you look at a house? Investor eyes?
IN the Marine Corps I studied what is called Combat Hunter. We took hours of classes on how to identify human existence while patrolling though rural terrain.
We learned how to identify many things about t...
Santosh Prabakar
Cash out ideas needed
I bought a fixer with cash in Round Rock with the goal of flipping it. Due to market condition, I'm having difficulty selling it for a substantial profit and plan to rent it out until the market condition improves.I w...
Gerard Leeson
Tenant left a destroyed unit and dont know where to start
I had a tenant move out after 5 years and they left the place a complete mess. I am wondering where I should start and if I should possibly hire a contractor. There needs to be a massive cleaning of the unit it looks ...
Kass Farran
30 YR Conventional for properties less than 100k?
Hi everyone,Going off of my previous experience from when I was an MLO at QL (Rocket Mortgage now). I know I had a lot of trouble on conventional products for clients that were looking to finance properties under 100k...
Duarte Marques
Thoughts on buying section 8 rental property as first rental property?
What do you think about buying section 8 rentals, already section 8 approved and turnkey (I know it is basically the same, the property has to be in incredible conditions all the time because of the yearly inspections...
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...
Ahmed Napier
"As is" Vs. ARV
Hello, I am a new investor. I am having trouble determining the "As is value" Vs. the ARV. When you look a property up on the MLS is that the "As is value" or the ARV....I would appreciate it someone can clear thi...
Alexis F.
Can a landlord terminate a lease before it begins?
My husband and I are landlords in California. We have a tenant that signed a lease agreement and gave us a security deposit. After seeing and committing to the property they are now making several demands, cosmetic an...