Rahul D.
Short Sale Seller didn't come to the closing - Illinois
Hello Everyone,I had an approved short-sale and the closing was last Thursday (6/29). Apparently, the seller did not show up at the closing title company and stopped answering his Attorney and his Realtor's calls that...
Rhondalette W.
HELP!! is this Normal or Abnormal? Seller stays after closing?
The day has finally arrived. We have been waiting for weeks to get mortgage approval for our first rental property and will close on tomorrow. I have the cashiers check for the down payment and I am ready to go to ti...
Scott Skinger
CapEx Reserves - Impact on Cap Rate
Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...
George Lekas
question about mobile home park investing
Mobile home park on a lake in central Florida. Market value, 3.5 million, purchase price 2.6 million. Net annual cash flow, $575K. 91 mobile home sites, 36 RV sites, 16 rental cabins, boat rental and launch site, f...
Christian Ruiz
Cast iron plumbing specialist recommendation in Austin, TX
Good afternoon,I'm wondering if anyone has a recommendation for a cast iron plumbing specialist. I have a house under contract that requires the cast iron plumbing under the house to be replaced. The seller provided o...
Brandon Ruder
Advice on Structuring a seller financed deal
Hi,
I am new investor looking to invest in multi-families in San Diego. On the MLS I ran across a house with an ADU. The seller has plans (though not submitted to the city) which would involve tearing down the ADU a...
Jay Chekansky
"Selling" seller financing tax implications to owner
Hey BP - Last weeks podcast (published 6/13/2019) sparked some thought from my side when the guest broke down some of the tax implications and scenarios that he uses to "sell" sellers on seller financing. I have gone...
Glenn Clapp
Advice Needed: Selling Single Family Occupied by Tenants
I have put in offers on two properties to 1031 exchange with the sale of my occupied single-family property. I have a sale clause in the lease and have asked the tenants to vacate before I list the property. The tenan...
Andrew Larson
Cart Before The Horse? What Order Do I Go In?
Okay, so I feel like I am beginning to get a grasp on the scope of professionals I will need to be connected with before I really dive into my first deal. My question is two fold: 1) Who should I have lined up before ...
Philip Carallo
Negotiate terms with a broker? 12-plex
How feasible is it negotiate seller financing through the seller's broker? The property in question is a multifamily with 12 units.I would prefer to build a strong rapport and personal/business relationship with the o...