Account Closed
What do you offer as Ernest money on foreclosures ??
We have been buying foreclosures off the MLS. are offers are cash purchases no inspections and our agent has been suggesting EM of 10% of the offer price. My issue is that some of these transitions are taking up to 6 ...
Derek Persuit
Refinance with Mortgages already in name
Hey Everyone,I've recently been looking into the Refi part of BRRRR strategy on a property of my properties.I have talked to only one bank so far, a credit union. I have 2 other mortgages and they informed me that the...
Aimee Hamza
Tenant is claiming sexual harassment by our lawn crew
Hello out there and thanks for reading this post. I'm a new property manager taking over a small portfolio in Austin TX and I'm wondering how you would handle this one. Tenant sent me an email with a couple of standar...
Jas B.
Listing agent/Seller provided wrong information on MLS listing.
We signed a contract for property in Dallas area with $600 as option fee. During appraisal we found out that the Multi-family property was only 4500 sq. ft instead of 5500 sq. ft mentioned in MLS Listing. Obviously ba...
Matt Merriott
Group showing of rental property?
I have a full time job as im sure most do, so time is valuable. Is there anything wrong with doing a group showing of interested potential tenants? I scheduled 3 showings for 15 minutes each last monday and only one s...
Paul Boudreaux
Sub 2 Docs for that go to Lender
So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...
Scott Egbert
First Wholesale Lead! Need Advice Please.
I received my first lead today! Very exciting stuff. I need more perspective on what an investor would buy at so I can make on offer. This one has some details that I'm not sure about. I just want to do a good job...
Catherine Ann
Tile grout crack with newly installed tile over backer board.
I recently contracted with a home repair company to install a tile floor. He came highly recommended by a friend. The installer suggested using two layers of 1/4" backer board instead of one 1/2". Now the grout is ...
Tim Vecchioni
LLC? Landlord Insurance? Umbrella Insurance Policy?
So, I am here looking for your views on no Entity (LLC) for the first couple deals (buy and hold). Is Landlord Insurance the same as these umbrella insurance policies I keep hearing about? I only ask because I fear wh...
Jimmy Lee
First Time Landlord - Multiple requests to rent
I am a first time landlord and managing my own property. I have my property listed on websites and have received applications (with background/credit checks), along with many requests to view the property. The proper...