Kevin Peterson
First Time Buyer - Opinions Needed
I am interested in a property that already has an inspection done by the seller. The seller will not allow me to get my own inspection in order not to disrupt existing tenants but has come down on selling price. Is th...
Angela Blake
Auction.com 'Make An Offer'
Does anyone have experience with 'Make an Offer' through Auction.com that is available on some houses prior to going up for auction? I met the stipulations required 'For a limited time‚ only Owner-Occupants‚ including...
Aaron Ferguson
Need help picking creative financing
How should I approach owner about creative financing for this multi family property in Colorado? Listed at 1,350,000. Owner owes 1,000,000 to the bank and open to creative financing. I have about 80k in cash reserv...
Jennifer McPherson
Selling very unique property. - Sandstone mine
I have a friend with a sandstone mine in Lyons CO who is looking to sell. It’s 30 acres total with the mine being 10. This is a pretty specialized industry. I am curious if there is a specific type of realtor for t...
Account Closed
Is it common for property managers to ask for rights in a sale?
I'm a new investor vetting PMs. One sent a proposed contract that grants exclusive right to sell to the PM if the property is listed during the contract duration. Is that common? Similarly, if I sell the property to a...
Jatin Shah
Property Managers
Hey everyone, I'm looking into my first rental property and I will be using a property manager. However, I wanted to know what a fair deal would be? One of my relatives has hired a PM for their rental. They charge 10...
Chris Pizzulo
Any ideas for locating owner of vacant property?
Hi guys, I'm in need of some help. My girlfriends parents have a vacant house next door which could be very nice but it's been vacant for quite some time and it's showing the signs. I located the owners name via ta...
Hailey Owen
Red flags for gutted houses? Questions for appraiser
Hello Everyone! I am just getting into investing in property and came across a gutted house that is fairly inexpensive. I have a few questions about it! - What are some red flags to look for when viewing the property?...
Landon Allen
Implementing RUBS and billing tenants
I am closing on a Duplex in Holt, MI right now. All of the utilities are split separately besides the water. There's one meter. To further cut costs I was considering implementing a Ratio Utility Billing System (RUBS)...
Matthew Richardson
Century old property, is it worth it?
My wife and I are considering investing in a home that is 150 years old. 1. Is it possible for these to be profitable? 2. How can we avoid it becoming a money pit? 3. Do normal investor metrics like the 70% ARV apply?...