Carey Green
Analyzing apt complex - how 2 acct for depreciation expnese
I'm looking at the P&L for an apartment complex I'm considering as an opportunity to bring private money investors into - however, this is my first time doing a deal this size and I'm curious what I should do in m...
Crystal Chang
Help!! Flooded with calls from motivated sellers after 1st mailing campaign!!
Hey everyone,So I just sent my first round of 500 post cards out 2 weeks ago and I have been flooded with calls! I would like to write a post here to keep everyone updated on my 1st mailing campaign. In the meantime...
Thomas Clark
PMI with an FHA loan
I'm not sure if this qualifies as creative nonetheless... just a curious question can someone with an FHA loan also use PMI on TOP of the loan??The reason why I am asking is because I'm looking at fourplexs in my are...
John Hyun
Advice on a potential deal Appreciation Vs. Cash Flow
I am a newer investor and I need advice for a potential deal. I currently own a 4 unit building and just had an offer accepted for a duplex in the Long Beach area, but now I am having second thoughts after crunching ...
Reggie Youngblood
Remind Me To NEVER Attempt To Wholesale A Probate Property Again...
The seller and I came to an agreement on price, I sent her the contract, but the probate attorney said that I need to send a HUD. I thought the HUD was the paperwork at closing with all of the transaction info on it?...
Brian Graybow
Co-op Community Unit Finance Options
Hello,I own a second house in Putnam Valley, NY, about 1 hour north of New York City, in a cooperative community. We are a "land co-op" made up of about 75 freestanding homes across 125 acres. Each member owns the p...
Tim Allen
Stale Cam Charges on Commercial Building
The owner (or property manager) of large commercial building failed to properly collect CAM charges going back 4 years. The leases typical provide for a yearly reconciliation statement from the Landlord and a re-adju...
Anthony Shields
SFH - Entire 1st floor is a garage. Convert to living area?
I cant find much about doing this online since the layout of this house is a bit unusual. Its a bi-level house. Two story. The first floor is 1500 sq ft, the second floor is 1500 sq feet.
The first floor is entirely...
Albert Chen
Appraised sq ft is 22% smaller than advertised
Hey friends, hope someone can give me advice.I’m in escrow and 2 weeks away from closing on a 3/2 SFR in San Francisco. I’m a first time home buyer, and it’s an as-is offer at 4.3% above list price. I like the house v...
Gary Hazard
Tax Lien
Do you get the tax lien after or before putting a seller in a contract? The reason why I'm asking is because how do you make an offer on a property and put the seller in a contract and come to find out they have $50,...