Ganessan P.
Finding issue on the closing day
On the day of closing ( today ) final walk through, my investor friend found that the property he is going to close got minor water leakage in the kitchen. My friend has asked the seller to fix the issue, and sent an ...
William S.
Maintenance Budget for A/B/C class neighborhoods
For the experienced investors out there what are you budgeting for maintenance. What I mean by maintenance is when the tenant clogs the toilet, door knob loose, etc. This is not replacing cabinets, flooring, etc. My t...
Maxwell Anyimah-mensah
Rules / Guideline Template for shared / student housing roommates
I own a couple of shared housing properties in the general Seattle area. Most of these started as house hacks then moved out and now manage them myself.I am trying come up with a one page rule or guideline form as an...
Janea L.
Comps to determine cost of property
There is dilapidated property that was purchased. I don't know when the renovations will start. I'd like to figure out what the final prices may be. How do I find accurate comps?
Rebecca Torres
Wholesaling. Newbie, no deals yet.
I have my eye on a property. Its empty, windows broken and all. Looks like the owner is keeping up with taxes though, only owes about $17. How do I proceed? I dont have a different mailing address or phone number. Not...
Chad Pitt
General Contractor from Indy!
Hello all!Just started really looking around here. Back on the horse again after loosing big in 08-09. I had a couple of rentals but was primarily a builder and land developer. I have licked my wounds and have sta...
Jeff Fairchild
Investor's earnest money
How much should I ask for an investor to deposit with me in the assignment contract for earnest money? Should it be a % of the wholesale fee?
I'm thinking that I would like to get as big of a deposit as possible t...
Eric Johnston
Pretty Forclosed Marketing
I'm going to start a direct mail campaign that targets pre foreclosed homes in my area. It's a new target and list that I'm trying. I know that the owner of the homes is in a distressed and fragile state with loosing ...
Joel Casillas
Can anyone do this with these terms?
Can anyone do this with these terms?The terms on the loan:Investment: $150kTerm: 6 monthsInterest: 20% Prepayment: Minimum of 6 months interest (e.g. if prepaid after 2 months, receive additional 4 months interest)The...
Ayman El-Maayar
how many times can you cashout refinance on a property?
how many times can you cashout refinance on a property before it becomes counterproductive and the cost of the money you're taking out becomes expensive? Does the interest of the equity you're taking out cause the mor...