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I'm a new real estate investor, aspiring to build a rental portfolio with management contracted out. I'm also open to flips and wholesales. I realize that all kinds of contracts are going to be necessary no matter wha...
Hello,A close friend of mine has acquired a property and construction financing to renovate. He has asked me to come on as a 50% partner. I am struggling to think of how to do this at this point. His name is on the co...
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Im looking to purchase a SFH as a rental and told the listing agent I would offer 51k for a house that was listed for 60k. Early in our conversation I asked what the sellers loan payoff amount was and got a vague ans...
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I've spent countless hours listening to the BP podcast, reading books, and following these forums. I've put time into understanding the market and making connections through networking and my work in the title industr...
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I found a seller that is looking to sell her parents' home. Here is what I know:They owe $125k in principal (1st position...no 2nd's to my knowledge)They owe $19k in back escrowThey haven't paid since February 2015We...
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Last Month I decided I was tired of dealing with my tenants an my PM who is terrible. I sent an email telling that I'm withdrawing the lease renewal and selling the house and that she needs to give the tenants 30 day...
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I'm looking to open shop on my real estate business in Sacramento in a month or so. Initially, I'm planning on wholesaling a few deals in an effort to become more skilled in deal analysis and the closing experience. ...
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Hi All,Im starting out in real estate and would like some tips on how to write a contract or what should be included. My main focus in the beginning is to find deals, out them in contract and assign then to someone e...
Managing and Challenging the Appraisal Process
Recently, I’ve charted an increasing number of complaints from real estate owners and syndicators with respect to the results of an appraisal.
I’ve seen appraisal grie...
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I was looking at a flyer about fair housing today and it stated that one of the things you could not do is discriminate against people receiving section 8 or any form of legal income. I get that and understand it, how...