Hi guys. I’ve come across a deal which I like, that has good upside. The only issue is that the most of the tenants have short lease terms, <5yrs. How do you go about a deal like this? I am guessing the bank wi...
I am looking to make my first rental home purchase, and I just got the inspection back for this 2 bed/1 bath home that I have under contract. The home is about 70 years old so I was expecting a rough report, but the m...
I asked the realtor a few questions and she said the owner doesn't want the tenant to find out he's selling the property. The owner wanted to make sure the tenant was staying. He would tell the tenant he was selling...
So I just made my first verbal offer on a potential flip. Then I realized I need to get others to look at my analysis! Would you take a look at this analysis below? I based on ARV from the MLS, and also a friend of...
I'm currently buying a partially occupied duplex. The listing agent prior to me making an offer informed my agent that the occupied side rents for $700 per month. I crunched the numbers and eventually put in a full pr...
Hello all, I'm a newbie in the wholesaling game about to approach my first potential deal. I have done all the research and ready to reach out to a potential seller, however I don't know the proper way to describe my ...
We have just viewed a 3 family unit which we want to make an offer on. Verbally we have rent rolls and info that everyone is paying and that appropriate green card is in place (New Jersey requirement). Before making a...
Hi!
I recently placed a $550k offer on a home priced at $599k on Zillow. The seller eventually agreed to $565k. The house was built in 1950. I am currently under contract until Tuesday. Can I still negotiate after f...
Purchased my first 4-plex earlier this year and while under contract, 2 of the 4 tenants just left, breaking their lease. The owners at the time did not alert me to the change in occupancy and I had to find out about...
I don't make mass offers myself but I know those that do and wonder whether this tactic might have had it's day. To make mass offers means you need to quickly scan through your leads and make a decision on whether or ...