Nick Sandt
Clauses
Let's pretend that my buyer wants to back out of a deal because of what a title search revealed; would an inspection clause suffice? Or would I also need to have a title contingency clause in the contract? I mean, cou...
Jeffrey H.
MHP Financial Diligence Question
Hi Everyone,How would you recommend confirming the revenue of a park if the Seller has no accurate records and operates it as a cash-business-only sole proprietorship (e.g. mixing personal cash deposits with park lot ...
Najee Hoggard
Property types(rental or flip)
What’s the best way to determine whether a property you are interested in will be better valued as a flip or a rental???
Kevin Tillery
REFI WITH LATE PAYMENTS?
Long story short, I made an error in respects to an IR. Thought payments were prepaid for 3 months. Right before the virus madness, the lender I was in the process of refinancing with denied the loan because there wer...
Erica Larence-Penna
How big of a rehab would you take on for your first BRRRR?
We are currently under contract on what will be our first BRRRR deal. We own a 4-unit already that is slowly being rehabbed. We had the inspection today and had a contractor come out and there are foundational issue...
Derek Lamonde
After PoFs, can I get the last 3 years of tax filings?
I have been dealing with a difficult seller for a multi-family B/C+, but I think the property is priced well and has great potential. Is it reasonable to request the past 3-5 years of tax filings after I show PoFs? I ...
Matt Carey
Advice on Putting Offers on Bank Owned Properties
As a real estate agent and investor, I've put many offers in on bank owned properties. I have seen some terrible offers and some strong. Of course it depends on the house, but here are some tips:Listen to your agent- ...
Susana McIntosh
Hawaii Vacation Renal Investors
Investment Info:
Condo other investment.
Purchase price: $275,000
Cash invested: $68,750
2bedroom 2bath condo across the street from the beach and zone as a STVR.
What made you interested i...
Joseph Hernandez
Your story on your first deal
Hello everyone! I’m a new investor who doesn’t know any other investors in my area, I am trying to network though. However, I’m curious to know other peoples story. If you’d like to share what niche you choose first ...
Joseph Leibovitch
Rent Increase/Covid restrictions
I am trying to assess a renewal of an upscale rental. On one hand a part of my business plan was a rental increase. On the other hand it is Covid. My question has a few parts:
1) Am I allowed to increase rent during ...