VA appraisal came back about seven percent low.  This cuts the profits down by one third.  And this is not some two week flip where I called the contractor to come do the work while I sipped Starbucks.  This is mostly...

Hey all. I'm on the board for our local REI and I've been on the hunt for a guest speaker to come talk about syndications. There's so much gimmick and chest flexing that I'm getting tired of wasting time listening/rea...

Have a contract on a 10,000 sq ft commercial office building which the main floor is almost completely occupied. Currently, the basement is only about 10% occupied by main floor tenant storage. The rest of the basemen...

This is meant to be funny - I've stopped trying to figure out why toilets leak water, or keeps running.  I know it is easy to get a new flapper, a new ball cock, or new handle, but older toilets just waste water. In S...

What type of insurance coverage are other using for their rentals (Actual Cash Value or Replacment Cost) and why?Best of Success!

You know what, I received my first motivated seller from NJ call today and boy I was least expecting it. I hadn't even started my direct mail marketing campaign. I had a basic web site setup couple of weeks ago (I...

We've been having a really tough time finding contractors that either A) actually show up, B) have somewhat reasonable bids and C) when they show up have some level of quality in the work and complete the job as agree...

I just finished reading Buy and Rent Forclosures byJoseph Neilson.

Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.

...

Can you share your experience?

We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...