Mark Christopher
First Out-of-State Investment
My partner and I decided to pick this house because it was more of a turnkey property. We didn't want our first property to give us too much problems. We ended up painting the interior walls of the upstairs bedroom, k...
Benjamin DuPont
Seller Backed out. Do I just eat the inspections loss?
Hey Forums,I've been amped up. I'm power-housing knowledge, analyzing deals, making strong connections to people who get things done and I've done it all while deployed with the military for the last 7 months. I tho...
Farshid Khazaei
In your opinion Is EMD a scam?
I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.
Lynette P.
Annual Inspection - tips for newbie?
June will be 1 year since we bought a duplex (Calif); tenants came with the property. I guess it is time to plan for the annual inspection. Gulp! (Self-managed)1. Leases are month-to-month. If I want to make any chang...
Jerrad Shepherd
Lease with option to buy in Nebraska
Good evening. I have a property in Nebraska that I listed for sale a few months ago that went under contract but didn’t sell. The people who had it under contract had inspections done and used the inspection report ...
Kyle Eckert
27 pad park deal, thoughts?
I am running the numbers for a deal I found near me, mostly as a thought experiment. Below is an image of the deal with actual numbers. Closing costs, rehab, and financing terms are a guestimate.The seller owns 15/2...
Paul Z.
tenant wants move-out inspection done before move day
Hi there.I have a tenant moving out on Feb 29th. He asks the inspection to be done a few days beforehand. I guess it is because he would be busy moving that day. What would you suggest I do in this case? Is it a good ...
Andrew Tucker
Fraudulent sellers disclosure
The seller lied on a sellers disclosure regarding water in the basement which resulted in toxic mold exposure and huge health issues for my family. We viewed and purchased the property while it was winterized. The bas...
Nathan Miller
Appraisal process after BRRRR
I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
Davidson Francois
How to properly do comps on a property
Would it be ok for me to use sites like Redfin,trulia, realtor.com to do comps on a property I’m looking into purchasing?