Moss Siridajnawanan
How/Can we negotiate to lower the purchasing price after it’s already in Escrow?
We got out first BRRR deal a few weeks ago and it’s still in escrow. We found out that costs of rehab is quite over our budget. We offered at $399,000. Rehab is $36,000 and ARV is $510,000. We are comfortable and expe...
Josh Oates
Buying Parent's house / Owner financing / Renting back to parent
My wife and I are trying to buy her father's house, move in and he would continue to live in the house and pay us rent. First issue is he is now divorced and ex-wife is still on the title and is entitled to half of t...
Brenda Wright
The New York Eviction Law = 0 CashFlow Opportunities
"The only reason I'm not investing in New York is due to the eviction rule. A tenant can stay 4-5 years without paying rent while destroying your home." This is what every New York Investor keeps telling me. Is there ...
Steve S.
Had 4 showings of a rental and all 4 wanted to accept
How would you handle this? Obviously if the application process weeds someone out, that helps. Let's say all four come back clean?Should I engage in a price increase bid, all other things being equal?
Jon S.
College Students Want to Reserve for August, Fall Semester
I've just completed renovation on a triplex near a private university, everything is done except the landscaping and parking, and those areas are in progress. One unit is leased; as of May 1st they moved in. I would l...
Sam Masiello
Should I accept a corporate lease?
I was hoping that I could get some advice from the collective about a question that I received from a prospective tenant today. I am in the process of renting out my third investment property and I got an email from ...
Randall Re II
General contract issues and need help on how to handle
I have two properties in rehab right now 3 houses apart from each other. Before I put down a big 50% down deposit on the properties and only the roof deposit of half for one of the houses, he was great. Easy to talk t...
Andrew Hofing
6-Unit with Owner Finance
Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
DG H.
Drop Everything
Everyone that calls a out my rental. Tells me they've
walked around The house and want me to show it to them
now. How do you all handle that.
My question is...What questions do you ask the caller to
screen them b...
Rikard Lorén
Private lenders
So, I just want 2 get a thing straight:
If I'm going to buy a real estate, and I lend 20.000 dollars and he/she will get a return on investment ( as usually ?) and intrests, I'm supposed to PAY BACK the 20.000...