Kimberly Carlson
Preforeclosure - Flip Opportunity
Hi. I'm a newbie from Chicago (western suburbs). I have a friend whose home will go to auction on the 30th. It has been neglected, has been sitting vacant for over a year, has some cosmetic issues and is the ugly h...
Jacob Cuellar
Nerves before first contract?
Has anyone ever been nervous to call about there first potential deal? I’m having a bit of analyzation paralyzation and I feel like I’ve found some good properties, but I can’t really tell for sure. Does anyone have a...
David Shultz
First Buy and Hold
A family member approached my brother and I, and offered us cash as an interest only loan with the idea that we would invest in real estate. We pay 5% interest on the loan. We took her up on the offer, started an LLC....
Troy Reed
Banks willing to work with Series LLC
I’d like to share my adventure with a Series LLC. This was recommended by my attorney and after more research it seemed like good route to take. The first series was set up in October 2018 and my bank, First Commer...
Gwen Barnes
How to get deadbeat college roommate (1 of 4) to pay rent?
I rent to college students, 3-4 per unit. My problem is that sometimes one of the students will not pay rent but the others do. What is my best recourse?That is, I will sometimes be paid 2/3 or 3/4 of the rent for the...
Account Closed
Do Wholesalers lie about actually being a Cash Buyer?
I have called a few respondents to a Craigslist ad that I posted a few days ago. Apparently, most of the respondents were "cash buyers", so they say, and not wholesalers. I took their criteria information down but do...
Herm M.
Making offers on short sales "subject to finding an end-buyer."
So I've read that we need to put a contingency in our offer to the short-sale lender. This contingency will say something along the lines of "this contract is valid if, and only if, the investor (buyer) is able to fin...
Nathan Lebherz
College Town investment
Does anyone have any advice on investing in College Town areas? Specifically near University of Wisconsin, Milwaukee? Thanks so much!
Ada Tor
HOA says they don't want AirbNb rentals, but no guidance in CC&R?
I have a townhome in Arizona that I'd like to AirbNb. Called the HOA to make sure it would be legal. They said they don't *want* that type of rentals in the community, but when I asked them for specific guidance in th...
Thomas Payne
Lease option?
Hi, I currently am about to do a lease option on this guy who needs to sell his house quickly. I know a tenant-buyer who will easily give 10K to rent the place with 10% of his rent per month going into equity. Is it g...