Gary Mariencheck
Earnest money on contract.. Need correct info
I'm getting conflicting information on earnest money down for getting a property under contract. I'm told that 10% EM is the standard in TN and that you have to prove funding before you lock a house under contract. Is...
Michael Herr
Removing utilities from my name
I have gotten myself into a bad situation: utilities are still in my name months after tenants moved in.
I do understand the error and how to avoid it in the future: please don't tell me what i should have do...
Kim Forgione
basic BRRRR Refi question
I have a very basic question. Sorry if it's obvious but I want to make sure I'm getting this. Say using the 70% rule, you buy a property for 60,000 and spend 10,000 for repairs. And the ARV is 100,000. Assume you put ...
Ron DeMaria
What would you do? Furnace issue caused high electric bill
Here is the scenario.
Due to a defect in the furnace it may have caused the a/c to run while furnace running causing a high electric bill. Tenant is asking to reimburse electric costs.
If it proves the case, how wou...
Jacquelyn Ceasor
General Question of a situation I heard of in Cleveland, OH
Hi All,I have a question to ask in general. It's more for the Real Estate agents than the investors but if you may be able to shed light let me know.Caveat: This scenario MAY be in a vacuum without seeing an actual co...
Darius Holloway
New Member, Looking for suggestions for rehab funding
Hello all! My name is Darius Holloway. I currently reside in Washington, DC. I am an attorney and looking to get the wheels rolling on a real estate investment venture. I'm pursuing a 3bd/1ba property in Hopewell, Vir...
Max T.
American Water Resources - in Philadelphia (and other markets?)
This company has recently partnered with the city of Philadelphia. I assume they are in other markets as well. For just under $100 per year they will insure your water service and sewer lines. These can cost $4k and $...
Wes Waggoner
First renovation loan
Investment Info:
Single-family residence buy & hold investment in Biloxi.
Purchase price: $140,000
Cash invested: $8,500
First use of construction/commercial loan. Partnered with my brother Patri...
Mendel Deitsch
How to construct a deal with investors
If I find a deal, say 6 units for 300k and need an investor, how do we structure ownership and reimbursement? Do we split the actual property and if so how much percentage each is normal? If it's 100% owned by me how...
Thor Fink
Refinancing Tax Deed Purchases
I am looking for potential ways I can pull some or all of my cash back out of my tax sale purchases.
Does anybody know if this is possible and what options may be available to us tax deed investors who have to use ...