Ryan K.
Contractor price - lump sum or breakdown?
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Timothy Sparrow
Property Manager Trying to Stick it to Me?
Hello Everyone,
First, sorry about the lenth of this post...I'm pretty upset with the situation and wanted to get it off my chest.
Long time reader, first time poster. I have a couple rental properti...
Bienes Raices
"Due on Sale" clause and interest rates?
I know that the consensus is that "due on sale" is almost never triggered in the real world.
However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...
Rahul Kanani
Upset Sale PA, Delaware County - Quiet Title Action & Abandoned Personal Property
I have recently received the Tax Deed to a property which I purchased at the Delaware County PA Upset Sale. My plan is to rent out the property and refinance the property as soon as possible. I have a few questions re...
Miles Smith
What would you do if you were 18?
Hello everyone I'm turning 18 in July and am fortunate enough to have a family who has started a fund in my name when I was born which has grown to $80k in cash and $60k in stocks. I live in southern California in the...
Tiese C.
What is a Gentleman's Agreement & can it be wholesaled?
I need some direction. A homeowner emailed me from my direct mail marketing. She states she wants to sell her home, however, the tenant won't let her get into the property. She said that she has told the tenant they h...
Michael Lear
Tank Sweep Company Missed Oil Tank
Hi Everyone,I purchased a property to flip about a year ago. Prior to purchase, as is customary in NJ, I had a tank sweep company come investigate the property. They indicated that there were no oil tanks on the pro...
N/A N/A
financing my 1st rental
ok, i want to make this short but it might run on.
i re-fied my primary residence and took about $100K out.
i just offered to buy my first rental and the seller accepted my offer.
the offer the seller accepted goes ...
Will Crocker
Cease and Decist Direct Mail
I got a call from a Lieutenant of the very fascist Boxford Massachusetts PD today. I say this because I've dealt with them before when I used to do door to door sales. Anyway, he called me and told me my direct mai...