Hi all, I know I already asked a similar question, so please bare with me. I’m having a little analysis paralysis here. I know most of you are not attorneys or CPAs, but just provide your opinion and please explain wh...
Hello All,Can anyone give advice on if this is a good way to invest. I have one single family investment property. I am looking to get a Heloc and buy a second investment rental property. Is this a good strategy. Hel...
We've submitted a complete package to Indymac. They are as slow as they come. We sent over a standard P&S agreement with the addendum attached. They said it looks like we are trying to assign the contract, and the...
So I'm about to make make a lease with my property manager, this is my first time, and I'm confused to what to add to the lease. What should I add if the tenant damages the property or if they don't pay the rent? What...
Hey guys,Any suggestions would be helpful.We had a tenant give notice, another tenant signed to lease at the beginning of the month, and now the current tenant says they have not found anything yet and may need to sta...
Hi friends. I'm getting ready to start reaching out to owners of distressed homes. One of the questions in the BP calculator is how much profit I want to make. Then it dawned on me. When meeting with a potential s...
is it the same thing as a SFR? i read that you cant really do lease options with multi families, is that true?any tricks to getting multi-families when they have little equity?
We have been rented out without really doing any professional background checks until I read Brandon's book and understood how important it is to background check a tenant professionally. Problems arose when the new t...
Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...
Can anyone explain an active option contract? I see listings with this title and not sure if we should avoid or is it still available to submit an offer.