Daniel Pitta
How much earnest money to put down on a p&s agreement?
(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...
Jin Kim
Santa Clarita Mastermind
Hello my Santa Clarita Valley People!I wanted to see who lives in the SCV to start a network program if possible.And if you are from the valley area (Granada Hills, Sylmar, North Hills, etc.) feel free to reach out!Ho...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Jordan Decuir
How do you hold & protect physical gold?
I always hear Kiyosaki (and countless others) talking about owning physical gold in addition to real estate. I get the thesis, but how does one technically hold, store, and (most importantly) SECURE physical gold hold...
Adam York
Starting out with no cash?? What would you do?
Hi everyone!I've about 6 months into my real estate journey and have been trying to soak in as much information as I can. However, one roadblock I can't seem to get past is how to fund my first deal. We have very litt...
Will Gaston
Emotional Support Animal...that's a Pit Bull Mix
All:
I've got a well qualified tenant that I would love have...except she has an ESA that happens to be a pit bull mix. I'm fine with the ESA but I think my insurance won't be fine with the dog.
Waiting to hear back...
Michael W.
How to deal with consistent late payment renter?
Hi,I am an out-of-state investor and have a rental property in Jacksonville Florida that is managed by JWB, a local property management company. The renters have lived in the property for 2 years now, and we have a lo...
Frank S.
Foreclosure Sales – I need an education
I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
Taft Love
Unsecured line of credit - follow up
A week or so ago, I posted about my financial situation and asked a slew of questions. I thought it might make sense to follow up after visiting the bank.In the last post, I mentioned that Episode 239 gave me the idea...
Jason Hatfield
Quit Claim subject to Existing Mortgage Deed
I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...