Abdul Azeez
Need some input from other sellers
I am an investor who listed a house on sale with a realtor. We received several offers and I selected a loan offer. The contract had a special stipulation indicating that buyer is willing to pay $5k over appraisal if ...
Tyrell Perry
First Rental - Finally Pulled The Trigger
Finally pulled the trigger on my first investment property after a 5-month search. The search originally started in Tallahassee, FL; went to Detroit and finally landed in Cleveland. In Tallahassee, the seller and I co...
Account Closed
Please 'splain it to me like I'm 12 years old.
I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...
Yoni Weisbrod
Serious risk in owning multiple properties?
I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Jacob Stokes
Realtor says cash offer doesn't matter.
Hey guys and gals,I am helping my parents find a house and we have found one with a real estate agent from the area. So, I was going over the offer we would like to make with her this morning and she told me "Cash" of...
Annette A.
Tired of hearing people say get a REAL job.
I am constantly hearing "Get a REAL job". so i dont talk to anybody anymore. I am glad i found this group, now i can read, see what others are doing, and make connections. "get a REAL job" i inwardly smirk now cause i...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Denise Harmening
No notice that pipes were frozen from Management Company
Hello. We have a cabin in Gatlinburg managed by a small company. December 24 the guest notified them that there was no water. The pipes were frozen. December 25 the guest notified them the heat wasn't working and the...
Chinyere Orie
Pros/Cons of Hiring Mentor?
Hey everyone! So I'm just starting out in REI (and by just starting out, I mean I'm looking for my first deal). I'm focusing on buy and hold multifamily investing. I've heard great things about getting a mentor to r...