Chris Howell
Need help possible funding scam!
So I have been working with a private money lender on a deal and have exchanged well over 100 emails. But when it comes time to wire money he is now asking for more money.More money than what was agreed on and signed ...
Shawn Good
Advice on Taking Over Mismanaged Multi-Family (8-Flat)
I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
Jarid S. Johnson
What Is Your Experience with SD-IRAs?
Ok, now that I have a number of trustees to research, I'd like to here from or talk with someone who has an SD-IRA. The prevailing wisdom has often been, "don't touch your retirement money to invest in real estate."As...
Stan Tallman
Seller threatening to break contract to put back on market (for more $)
I have a small SFR under contract that's being sold by a flipper. It's a turn key, good flip with a few minor issues. We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...
Robin Hines
WARNING: Matt Motil of Cleveland, OH
TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
Samson Kay
Submitted my first letter of intent on Master lease with option
I'm excited. The seller has already stated that he would entertain a Master lease.
After walking down the property and neighborhood I decided that this was the perfect storm for this strategy! A subrenting bu...
Leon Lee
Inherited tenants not responding to my emails/text/calls
Hi, BPersI recently closed on a fourplex in a C- area. All my previous rentals are SFH or condos and this is the first time for me to own/manage small MF. After the closing, I sent emails to tenants setting up new way...
Jeremy Jones
How can a "subject to" property be sold without paying off the Deed first?
Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...
Stephen N.
Can someone please explain sub3 financing to me?
i don't understand how it differs from buying sub 2 and then selling using owner financing? thanks in advance for your help.
Dan Taylor
Repaint wood siding or cover with Vinyl?
First Post here. Let me start by saying thank you to all of you for offering your time and sharing your experiences on this forum. I'm happy to be a member and look forward to building solid mutually beneficial relati...