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I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
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This is such a great message board...it's so nice to see so many New Investors soaking up as much knowledge as they can. I've made it a goal of mine to help the many new "Wannabe Investors" quickly become investors. ...
What's a good way to establish credibility when you're young (22) and talking to sellers? I know some people may be skeptical when they see a relatively young investor I feel that's the biggest barrier to overcome. I'...
Ok, so I can picture the raised eyebrows and perhaps even a curious look from @Joshua Dorkin right now... but please bear with me and read on.This topic has been raised by other users here, and here and several other ...
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Dear Fellow Landlords,I have a lodger in my house, who received a notice to quit before Massachusetts announced state of emergency. He knows I cannot proceed with eviction and behaves as if it is his house. I did ask ...
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I am always thinking of ways I can run my rental business that is unique and deeply impactful for my tenants. I have a handful of ideas that I am interested in researching, but right now I am focused on creating a sys...
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I buy an HOA lien through foreclosure and get on title. If the borrower is deceased, and the 1st lien payoff balance is less than market value, can I sell the property?Or if the payoff balance is more than MV and I ha...
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Closing on my first property, a 4-unit multifamily in Phoenix. At inspection it was noted that one of the units wasn't in the best shape. The lease shows that $350 was collected for the deposit. During the appraisa...
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I just got an email that sparkrent is closing its website to offer a "better experience" thru quick books. What are you currently using for online rent collection? And what do you like about it?
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so, on Nov 3 I got my first contract. I found the deal on zillow. he first wanted 180k, but got it under contract for 119K, we even negotiated lower to 110k, but didnt get the second contract signed. Long story short ...