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You might have heard this one before... A small town in a beautiful location, with an under priced real estate market, gets swamped by investors who bought up all the property to rent to tourists. Sound familiar? It i...
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First time poster here, please bear with my inexperience. I am in my mid-forties and live in the San Gabriel Valley area. Currently, I own two rental houses with no mortgage in Southern California. The first one is in...
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I just listed my first property two days ago. Within the first 24hrs we had more than 20 leads. Now, at the 48hr mark, we have well over 50! Am I required to follow up with every lead? We have tried calling each one a...
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Hello,
We are currently in the option period for a house, and there are some minor repairs that need to be done. We also sent an amendment to the Listing Agent, along with a copy of the inspection.
Tod...
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I bought my first foreclosure flip for 213k, put 25k into it (238k note), and now will sell for around 350k to 360k. After all expenses paid, I should net around 90k-100k. With the goal of buying and holding and doi...
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I've had a couple of inquiries about Section 8 on recent rentals I've had available. Have never had a section 8 tenant, but have stated that I will accept if income criteria (3x rent) and other criteria (rental histo...
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Hello! I've got a piece of vacant land under contract in Redding, CA which had approval to build 17 townhouse-style units, all 3/2.5 bath with attached garages, about 1350 SF each. The owner of the land recently passe...
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Looking for advice.I have flipped around 20 properties and have previously owned four rental properties so I have a good amount of experience with the rental world.But I need wisdom and advice. I've always believed in...
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So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...
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It seems as though most of the topics in this forum are about the problems we're having with lenders, seasoning, etc.
Is everyone getting around these hurdles and successfully flipping?