Viral Patel
Insurance Claim for roof replacement
I opened the roof claim to see if the insurance covers everything. The adjustor visited home and based on deduction and deprecation, 45% of the roof will be paid by LM. However, while I was evaluating to replace or re...
Russ Wahl
Flippers! Water line leak 4 months after being sold! Liable?
We flipped a house over the winter and sold it this spring. 4 months after the sale they have a leak in one of the fittings we installed. Dripped inside the wall and caused some water damage. They called us and we wen...
Brian Palmer
RESPA problem
I just closed on a duplex and it was a nightmare closing docs not at the title company till one hour after closing,because proccesor never sent it to underwriting till day of closing even docs were submitted three wee...
Cole Britting
Where to find HOA fees
Hi everyone,
Where is the best place to find the fees for an HOA? Do I have to contact someone running the complex, or is there somewhere online I can look them up? I'm trying to do some deal analysis, and don't want...
Pamela Holmes
JV Strategy
I have a private lender that is charging $3500 origination fee with 12% interest up to $50,000. I have yet to do a deal and wants to know how to structure the deal to receive money in pocket at closing. Strategy:Do a ...
Nick Macklin
SFH BRRRR Cashing Out Almost Everything
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $65,000
Cash invested: $124,832
This was an off market deal brought to me by one of my agents. It wasn't stated by...
Johnson Joseph
Underwater Mortgage What ways to increase value in the property
I have a family member that is an owner-occupant of a duplex and has a mortgage that is underwater. They have one tenant, they are keeping up with the payments and would like to keep the property. - The property is l...
Dominique Taylor
Investor Friendly Agents in DFW area?
Hi I am a new investor looking to purchase (fairly soon) a multi-family property in the DFW area. Are there any recommendations on investor friendly realtors in the area?
Matt Quock
Banks / Lenders in Rockford, IL
Hi everyone!I'm looking at a few multi-family properties in Rockford, IL and wanted to know if anyone has recommendations for investor-friendly banks in the area. Much appreciated!Thanks,Matt
Aubrey Ford
Closing costs are way higher than the calculator suggested
I’m new and learning. I was able to find what I thought was a good deal. Two property package 60k/65k. When I ran the calculator the numbers looked good. More than 8% COCROI and each cash flowing more than $100 a mo...