We had a plumber came out check the drain of a rental we had under contract, already passed option period just waiting to close. He found one leak that could cost us $1800 to fix (after we fix the foundation first). O...
My wife and I are contemplating an early retirement. Very early. We have saved well and have some money, but not enough to live on the 4% the mainstream retirement people say we need.My question is this: Hypothetic...
Must read article for the "what do you think about cheap Detroit houses?" posters we get on a weekly basis these days. A few days ago, the Detroit Free Press reported an updateon “Walking Man” James Robertson, a Detro...
Okay. Newbie question here. If I'm going to a trustee sale to purchase a property is commonly allowed to do a walk through the house before the sale in order to bring a contractor and estimate costs in order to do t...
Today I learned a hard lesson. I thought I had a deal done. All cash offer on full asking price. Purchase agreement was signed. Earnest money was to be deposited with my Broker. Instead, the buyers agent said, "i...
Hi, newbie here trying to close my first two-family in Boston. While I am aware that lead is common in our old houses here, I am facing an interesting conundrum that set me on a series of google search and landed me o...
I posted the other day about creating a more defined criteria for my flipping purchases. I'm moving my business to a more metro area early next year and am trying to define my criteria better. Where I am now is rura...
I've got a project I was getting ready to close on and decided to walk away. Over the past couple weeks, there have been numerous surprises, from mis-stated property description to surprise closing fees, that have ad...
Hello, currently living in Houston area and would like to start PT work in real estate flipping a house. There are tons of training but can't seem to find step by step guides. What is it you 1st, 2nd, 3rd and so on.Th...
I'm curious how CA agents can make a living with laws like AB2992 that state:"If the out-of-pocket costs to pay their agent remain too great and the seller and buyer have not yet reached an agreement on the sales pric...