Melonie Dickson
Agent wants to waive inspection contingency. Yay or Nay?
Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...
Ryan Jenks
Seller didn't disclose anything, & after 3k of inspections...ugh!
My offer was accepted on a 14 unit apartment. I knew it needed new windows and was built in 1950. In the purchase agreement forms we signed, he wrote NONE in the disclosures. He showed the best (only good ones) 3 u...
Anthony Wick
How you making any money at that price?!
More duplexes for sale. More 4 plexes for sale. More properties I’m getting outbid on. My numbers tell me what to bid, but what are these other people’s numbers telling them?!I’m a standard 20% down, 5% interest, 25 y...
Brandon Elliott-Pandey
BEST AREAS FOR STR's!?!?!?
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
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The Best Way To Get Started as a Real Estate Investor
Here are a couple of ideas that should help you get started in the right direction and answer how you can do a no money down deal with no cash, no credit, no income, no nothing, except having some general knowledge ba...
Kenneth McKeown
Analyze this deal; any help appreciated!
Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
David P.
In escrow for property-Should seller or buyer pay cash for keys
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
William Gan
New Investor in Brooklyn, NY - curious of people's views on units
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
Beau Walsh
Flip gone bad. Need advice please.
So I purchased a condo that I was going to live in flip. I did all the renovations and turned out great even after a few hiccups and came in on budget ($40k). But the hoa voted and passed special assessments to upgr...
Sarah Lewis
Early Termination Fees- Have they held up in court?
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...