Modesta Lopez
In need of Financing Ideas
A couple of weeks ago I sent out a mailing to landlords who recently evicted tenants. I got a call back from an out of state owner looking to get rid of his 15 unit. Based off of the numbers, it would be a great inves...
Matthew Hicks
First time Custom Finishes
Hi Everyone,We are custom finishing one of our flips for the first time. The interested buyers have loosely agreed to a 5% deposits and a (negotiable) 50% deposit on any upgrades. They haven't yet asked me about ref...
Mike Jornlin
BRRR Refinance Question
Rookie investor here looking to start by BRRR investing in a buy and hold vacation rental. I have been doing a lot of due diligence on a vacation rental property with ownership financial distress (the house itself is ...
Danny Annibale
What to be aware of when refinancing a rental property?
Hi guys,I recently purchased a home out of foreclosure with a convention loan, rehabbed it and rented it out at a good market rent. I'm making a little bit of cash flow now, but I'd like to refinance the house based o...
James Rodgers
Duplex zoned commercial or residential?
Tomorrow I am meeting the owner of a duplex to walk through and determine the rehab needed. It is located in an extremely high-traffic location in a very trendy and well-established neighborhood. It is an interesting ...
William Carson
Bank REO, needs new septic. Scenario(s) and advice please
This is my first contracted deal. Welcome to the game Bill!The following story involves a bank owned, 3 bed, 1 1/2 bath 1 car SFR ranch with full basement, 1200 sq. in the beautiful Poconos. Bank has held for well ove...
Joshua Huggett
High quantity of Low investment "crowdfunding" approach
There are a lot of great investment companies out there where you can easily invest online but the initial investment is subjectively high, some starting at $500-$1000. I see a market for those who are are wanting to ...
Ben D
Advice for out of state property managers
Relatively new to real estate investing, and for the most part it has been okay. Although, recently I am having some issues with an out of state property. I am extremely busy, and RE investing was a means to make so...
Diane Kruse
Have you ever Inherited bad leases
I am looking to purchase a 4-plex and asked to see the leases. At best the current owner is very sloppy, or worse he is trying to pull something because the rents are higher than average for the area. Each lease has...
Joan Smith
ACH payment late fees Question
My tenant initiated an ACH with their bank two days late. (the screen shot shows they set it to withdraw from their account two days after the grace period). Is the payment considered ‘received‘ on the day they initi...