Eric Clement
General Contractor - 50/50 split?
Had a meeting today with a broker/attorney and a general contractor for a house flip. The idea is for a 50/50 split on the net profits between myself(capital investor) and general contractor. I would pay acquisition a...
Christopher Morin
Creative Sub2 Deal
Alright so I'm on the precipice of taking on a Sub2 deal that is just tricky enough for me to question if I'm able to pull it off...Lis Pendis has been filed already. The home is in arrears by about 11k, and has a to...
Sean Craigg
Rent out or Sell - 2024
Asking for some numbers analysis.
Landlord work is work and risk but I had experience. I'm hoping housing markets will pick up again in Austin/TX area.
1. SELL: ~720K (loss ~30K), 2.5% mortgage rate 27 yrs left. To...
Jonathan Twombly
Did we investors cause the Great Crash of 2007?
This article just popped up in my Facebook feed. House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact...
Todd C.
Seller Financing is Confusing Me..
I'm working on a situation where I physically cannot wholesale this deal at a profit, so I'm actively searching for other avenues...APV: $125,000Outstanding Mortgage: $100,000 (was a $200,000 loan)Is there a way I can...
Robert L.
Rotting tree: tenant willing to cut down...liability?
There is a rotting maple tree on my property that could be a risk to the neighbor's house or livelihood, not to mention the risk to my tenant and my property. Well, the tenant says he is VERY experienced to cut it do...
Geoffrey Chen
Multi-Family in the South East Suburb of Columbus OH
Hi,I have been paying attention to the multi-family market of Columbus Ohio and feel it's been pretty active for the recent couple of years. Since I am out of town and I am not familiar with the local neighborhood. Ca...
David Ross
Under Contract But Stretched Myself Too Thin - Sacrifice Escrow on Philly Row and Walk?
Hey everyone! Long time listener, not much of a forum guy but I thought you might have some good advice.Back story: Renovated my own house. Grew up in contractor family. Ready to branch out and invest like a saavy inv...
Tiffany Tan
Help with holdover tenants
Hello everyone,I could use some advice regarding my situation.
I have two tenants whose leases are set to end in two days. One of them has just expressed a desire to stay until November 1st and is willing to forfeit...
Matt Evans
Master lease versus paying cash
Hi everyone, I have a newbie question about pursuing a master lease option on a commercial property versus just paying cash for it.Briefly, the property is pretty inexpensive, hopefully we could get it for around $125...