Chase Gibson
Owner Financing - Ethics Question
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
Ben Stout
Please advise: potential nightmare
Hello everyone,
Happy New Year to you all!
I am currently working overseas but have been watching a property in my neighborhood and waiting for it to come onto the market. The ARV is $60k, will rent for $800/mo, a...
Tara Piantanida-Kelly
Seller's agent shared buyer's inspection report without consent
We are the buyers in a 4-property multi-family deal. The property inspector we usually use wasn't available. The seller's agent/listing agent recommended someone she's used before, and we agreed to hire him for the ...
Charles Ngansop
NICE TENANT BUT ALWAYS LATE OR BEHIND RENT PAYMENT
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Chris LeMay
Tenant Backed out 2 hours before handing them the keys?
Need some guidance on this one as this is a first for me. Here is the situation....We purchased a condo on Jan 16th. We found tenants and they have signed a 12 month lease. They were scheduled to move in yesterday ...
Justine Scheuher
$1200 for a CPA a reasonable amount for W2 and small LLC?
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Westin Hudnall
Would you rent to a sex offender if the offense was a 17 with a 15 year old ?
Nice couple ; good work history ; no pets ; plenty of money ; but prior sex offender case 10 years ago (17 year old with a 15 year old)Possible long term tenant :Let me know your thoughts
Michael Yates
How to wholesale ethically and honestly
Hello, i am new to real estate looking to get into wholesaling. My biggest hangup with this model is that it seems almost all the “gurus” teach to lie to homeowners and say that I am going to buy the property which is...
Will Pritchett
First BRRRR loan falling apart
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.