Todd C.
Lease negotiation during due diligence
Hey all—I’m a residential investor making the move to commercial after having a good experience with a mixed use property. I’m looking at a 3 unit industrial building with 2 tenants up for renewal within 2 years. As s...
Austin Gainey
Building vs buying rental properties
Me and a close friend are partnering up and wanting to start our rental portfolio . We are considering two different strategies 1: buying a lot and building a new house that would be a long term rental Or2: buying a...
Reya Ripet
Renewing a lease (doing it myself)
Hi,
My tenants notified me they would like to extend the lease. Their lease expires in February. I'm thinking about doing this myself this time to save money, but I've never done this and feel unsure.I used a real e...
James D.
Is the goal to put investment property in your business entity?
So, I presented a deal that will allow me to purchase an invest property through seller financing with me putting up 5k cash. The seller will finance for 2 years with a ballon payment at the end or I will have to have...
Varun Parkash
$3000+ in Loan Origination Charges - Closing in 2 weeks - HELP
Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
JP Parks
Can an agent re-list property even if we have contract extension?
Can an agent re-list property even if we have contract extension?
Audrey C.
General Contractors Fees for Building a New House
How much are the typical contractors fees to build a moderately priced home from the ground up and around $300K selling price? What is the % and if so, based on what? How do you give incentives like profit sharing, ...
Mal Johnson
Lease with option to purchase? Please help
Hello,I invested into my first home through a lease with option to purchase. The lease was for a 12 month term with 2 options to renew at 200 increases maximum each year. The option go purchase had two options to ren...
John M.
Flip Income Tax help needed (and appreciated!)
Oh man how I hate doing taxes! Although I must admit that as I learn more and more, it does get a bit less intimidating. I've got pretty slim chances of getting an audience with a CPA this week so I hope one of you ...
Joseph Ambrose
Help with Owner Financing Deal
Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...