Dennis J Marsack
Newbie from Michigan! I've contracted the REI bug!
Hello all! Greetings from Port Huron Michigan! My fiance recently talked me into going to some real estate seminars locally and I have been hooked ever since! Turns out the seminars were nothing more than high pressur...
Account Closed
Landlords - How would you write the perfect PM contract?
I started to mention this on another thread that's going, but thought maybe a new thread would be better.I thought about managing again, and then my sanity came back lol. But, I thought about how I would structure a ...
David Levin
Renegotiating after unfavorable multifamily inspection.
Hi all-I am under contract on a 13 unit and estimated repairs after inspection are $150K-$200K. There are minor details here I am not overly concerned with. Contracted much lower than ask but that was based on analyzi...
Billy Guyette
duplex trouble
I bought a duplex about a year ago in the downtown area of Montgomery, Alabama for $25,000. The tenets were extremely rough, cannibalizing anything of value in the property. It was next door to a single family home I...
Anca Lunn
Percent ownership in a joint project (sweat equity vs. cash)
I have a partner who is willing to put in 100% of the cash up front for some properties we are looking to buy, rehab and either sell or rent. I told him I would be willing to put in sweat equity. The question is - doe...
Juan Ayala
Hard Money Lenders
I’m looking for advice on using a Hard Money lender. I understand the underwriting process is a bit different from bank financing where they prefer you have a property under-contract to move forward with qualifying. M...
Ingrid Poole
Investment Analysis on Duplex in Central Florida
I would love to chat with some established investors about a duplex deal that I'm analyzing in Polk County, FL. Estimated current market value is ~$26k, listed for $32k. Needs approx. $26k-$30k in repairs (roof, A/C [...
Alex Gorges
I found a hidden treasure need advice on how to extract it
Ok so there's a vacant hotel in a Cleveland suburb. The hotel and the suburb will remain nameless because it will be easily given away to those familiar with the area. This is an old hotel built in the early 70's it'...
Michael Rajnherc
Potential First Deal
Hey Everyone,
I’ve been putting in the work and generating leads. I saw a house today that I think could potentially be my first wholesale deal but I need some help. If you guys wouldn’t mind taking a look at some ...
Torrey McGraw
When do you ask for background/credit check for applicants?
At what point in the application process do you ask an applicant to submit a background and/or credit check? Is it in conjunction with the rental application? Or is it after you've reviewed the application, checked re...