Joe Blakley
Buying Rentals in an Uncertain Market
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Rob Hakes
PM is offering a $75.00 discount if tenant pays in April and May
Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May. From first glance i am okay with this. I think this might weed out those that won't pay due to Co...
Chris Howell
Need help possible funding scam!
So I have been working with a private money lender on a deal and have exchanged well over 100 emails. But when it comes time to wire money he is now asking for more money.More money than what was agreed on and signed ...
Phil Blair
Tenant gives deposit to hold and pay first months rent 3 days later
After several texts the tenant agrees to give the deposit that same day and pay the first mos rent Friday, so I agreed to that and they agreed to that, well two days later they decide to back out and demanded to ha...
Rafael Floresta
Failed offer analysis, aka how do you help seller understand the real value of their house?
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
Neil Narayan
Elon Musk plans to move to Texas
CNBC, working off anonymous sources, reported Dec. 4 that the billionaire who also runs SpaceX and The Boring Company has put his California houses on the market this year and he has told close friends and associates ...
Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Donald Torrence
Private Lending vs Hard Money
Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...
Tim Greenfield
Renter of 13 years wants the interior painted and new bathtub
Good Evening! Long distance real estate investor here. I am currently living overseas and I have a 3/2 located in Albuquerque, New Mexico. Current tenants have been there for 13 years. They are coming up on their next...
Account Closed
kitchen renovation with tenants still living there
I plan to renovate one of the kitchens in the duplex i own but i have to do it while my tenants are still living there...and in one weekend. Has anyone had experience with this situation? I'd like to do the cabinet...