Hi Everyone,
I'm not an expert on creative financing deals, so I'm reaching out to those who are.
I have a seller who is older, does not want to deal with kicking out his tenant, fixing up and selling h...
I am currently rehabing one of the house I bought. However, I notice that the project is taking so long. The Contractor we are currently working an the only one that answered in our area has delayed so much and we are...
This afternoon I got my first property under contract! My wholesale intentions full disclosed! A fully rented duplex with $1350/mo in rents! Now the fun part, shopping it to my buyers!
Problem...... - Utilities From HELL!!!!My client has the property from hell, with an old-school forced air furnace.....I was able to get them great tenants at a great rate..... only to find the blood sucking heat drai...
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Greetings,I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in oth...
hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...
Seller in Columbus OH refuses to return $1000 earnest deposit to Buyer despite cancelled contract and demands $500 before returning the deposit. Seller wont sign mutual release claiming they were not given time to rem...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...