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I am new to the rental property game and have just one house. I am trying to find a tenant and it isn’t stressful it is taking a bit of time. On the upside I get to head some rather entertaining stories such as; “How ...
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Ok so this may sound odd, but thats why I'm here to find out everything.
My question is this on a Purchase and Sale Agreement where it talks about "New Loan" exactly what would I write there?
****The agreement is co...
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I purchased my SFR in 2017 for $150k. I have $100k left on the loan and have a couple questions regarding pulling cash out, changing the loan and closing costs. Making things easier let’s just assume my home didn’t in...
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Hello friends,I was able to use an Outlook email to send periodic reminder (laundry list of things) to my tenants. For example reminder to replace HVAC filter every 3 months, to ensure pets are vaccinated yearly, to e...
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I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
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Hi group!!So I have been looking into some deals in my local area. I found one, a 3 unit, and have a question about evaluating the deal. I have evaluated may opportunities, but this one is odd. So like i mentioned,...
I’ve been driving for dollars and I located properties that have the potential to be deals. I’ve thought about googling GCs and offering them a small incentive ($50-$100) to offer me a ballpark figure that I’d be abl...
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Hi BP, We made an offer on a 6 unit apartment building with healthy cash flow. The Seller has accepted the offer on the condition that we remove the inspection clause, and their reasons for it is that they have anothe...
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I have a property that I want to make an offer on, and I'm considering negotiating for seller financing. The property has been on the market for some time and I have watched the asking price drop over ther course of 3...
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Will hard money lender‘s lend money for turnkey or properties that need minimal repairs or do they need to be properties that actually need a full rehab? I’m trying to see if putting in lowball offers and refinanc...