Matthew Ward
Can't Wait to Get Started!
Hello Everyone! My name is Matt Ward and I live in St. Paul, MN. I recently decided that I want to pursue a career flipping houses. What is most exciting about REI to me is taking an unattractive house, and transform...
Guy Azta
Advice on high efficiency water heater for apartment buildings???
Hello,I'm in a forward stage of closing on a 12 unit in Ohio. The building has a nat gas 100 gallon 199,000 BTU water heater in place. It's from 2013, installed by current owner, and is in very good working condition....
Account Closed
Talked with a Lawyer Today. What do yall think?
Brief Background. I live in Texas. I'm an engineer by profession. I've owned 4 rental properties at one point in time. I've since consolidated down to one rental property that I currently own. My plan/aspiration is to...
Katharine Chartrand
Flipping an REO - Do I need title insurance?
I am closing on a bank owned property this week. The selling bank did a title search and their title company has offered me insurance. I plan to own the property about 4 months... what it will take to repair it an...
Sharyn Umaña-Angers
Too good to be true?? Has anyone had this experience before?
I have a SFH in Southern California that we are trying to sell. The tenant has just moved out and we can now begin repairs. A local woman who has lived on the same street for many years has offered to pay us $1,500 pe...
Andrew Powell-Sampellegrini
Need help evicting a tenant!!!
I am a prime tenant in a free market 4 bedroom apartment in NYC. My rent is $2000. I am the only one on the lease. I rent out 3 of the bedrooms to roommates. I have written agreements with them. The total monthly amou...
Jon Holdman
Don't mess with building inspectors
In another thread I mentioned one of my hard money loans was going to default. It did, and my business partner and I have now taken back the house deed-in-lieu.
The place has some cosmetic issues. Its total white...
Martin Potokar
Triple Net Lease - A Commercial Property Inspector's Perspective
IntroductionWhile Triple Net Leases continue to gain popularity over the years in more ways than one, especially when it comes to placing responsibility for the cost of maintenance and repairs on the tenant in additio...
James Pearson
Private Lending to get our of a sticky situation??
Hello all,Well, this is quite a personal dilemma I find myself in. Me and my girlfriend are both new to REI, me as a contractor with a few potential business partners, and her a working mother taking real estate clas...
Brandon Turner
Leaky Pipe, Naked Tenant, Chain Locked Door: What Would You Do?
Just curious: what would YOU do in this situation? (The lady in this story has a history of "drama" with us - so nothing in this story is unusual.) A tenant called last week about a pipe that has been leaking in her c...