Jef A.
Purchasing the second home (Getting the ball rolling)
I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...
Ivan Touevski
Hi all! I'm just starting out on a long distance investment journey (PA, NJ?)
Hi all,Just wanted to say hello to all and get myself motivated to engage some of the folks here.A little bit about me, I'm an engineer, have a family, live in NJ, and big DIY enthusiast. I have made a ton of renovati...
Sam Leon
Approved short sale where the minimum is spelled out
I have done short sales but this is the first time looking at an approved short sale, the listing agent says the offer price cannot be less than X.
So in the case where the bank has already approved the price...
Ardray Donaus
What are some creative things we could do to locate cash buyers?
Hi everyone!My name is Ardray and I am located in Brooklyn, NY area. I have a question specific to marketing strategies used when looking for cash buyers. One of the reason why we're all here, it's to learn from the h...
Meg K.
Should you show the place if it's being fixed up?
...came home to find that the guy who plans to paint the place took out all the doors!! And the guy working on the floor is 1/8 way done!! I promised to show the place this Sunday. Do I reschedule or go ahead with th...
Kyle Penland
My 3500 Property that no one else wanted! Before and After!
So i bought this home as a foreclosure, termites, rot, holes in the roof...I bought it for 3500! I actually fell through the floor in the bathroom during the final walk through before closing. I put 25000 into the ...
Dev Roy
Mentally-ill man broke into property, scared off tenants
Wondering if anyone has dealt with mentally-ill people and courts and could advise me. Some background . . . my husband and I bought a row-home from an elderly woman in 2006. We lived there for a little over 12 years ...
Sam Leon
Do you assign parking spaces at your multi?
Do you?I really never done it because my duplex has 4 spaces, and my triplex has 7 spaces, no never any issue.But this winter, thanks to the recent snow and cold, most of the tenants have visitors from the north comin...
Davon Lowery
Be careful for what you ask for. Retired couple wants out of REI
The heavens have opened up and threw me a deal.As Brandon and Josh would say, if the people around don't know what you are doing (REI) then your not working hard enough (come ro think of it, it might've been them).So...
Andrew Kim
Cash for keys and possible eviction in Atlanta, GA
I own my house, and have two tenants in it. One tenant is a major problem. Late rent and utilities, smokes a lot of marijuana in his room, loud when we're sleeping, and the list goes on. I gave him his 45 days notic...