My tenant buyer has exercised their option to purchase but the appraisal came in low. I do have a clause in our contract that states I have the right to sell at the appraisal price but I am wondering if I am still ob...
So our last deal, it didn't even hit me because the seller just crashed with a family member after the closing...But, I've been under contract for a month on a great off-market BRRRR deal. The woman had lived there fo...
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
I have just rehabbed a home in San Antonio, TX. I will be selling this home soon. It is now under contract. I did not use a GC for this rehab. I had my RE agent act as the project manager. The problem I have is that ...
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
Alright, so this is my situation:
I have a team of contractors that are ready to roll as soon as possible. I've got a project manager in place (because I can only dedicate part time hours to the actual rehabbing p...
As a new investor who has spent the last two years reading, listening, and learning about real estate investing, it's an interesting time to be getting started. I have asked a few investors this question, but with eve...
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...