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Hello everyone, I am new to the real estate world, and I was wondering if those who have done live-in flips do their numbers any differently for those versus a normal flip. For me, I feel that the numbers would differ...
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Has anyone successfully sued a bank for an appraisal refund due to an appraisal that had errors in it? Obviously suing the appraisers is much more difficult since I'm not the direct client of the appraisers but I fig...
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Hey guys, I am 19 years old and I currently have a property under contract for $820,000. The ARV is $1.3 million. My issue is, I want to make a $100,000 assignment fee. I already calculated that if the cash buyer buys...
Does anyone know of any concerns to look for if a spouse has transferred interest to a spouse via a quitclaim deed? I saw a video that warned of this transaction. It suggest the grantor could still have interest. A...
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I'm currently looking to buy a multi family property(10 or 20 units) out of state to get some better cash flow. I was thinking about Ohio. After some quick google searches Ohio isn't coming back as one of the top l...
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Hey BP, gearing up for our first purchase, yay! It’s a duplex with 2 tenants currently renting with leases up in April. Any thoughts on best ways to handle inherited tenants? Things not to do? The current landlord tol...
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BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
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Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
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Covid-19 has changed life as we know it for sure, and that is the reason why so many companies and services have developed different and new ways to provide the best to their clients even when it means walking on a ne...
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Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...