Charley F.
Tenant Informed can't pay...What to do?
Hello All:
Here is the story. I just go informed by our tenant that she didn't make enough money to cover the month of December. She is requesting to use the Last Month Deposit as payment for December.
There is no m...
Barshay Graves
Closing costs
What is a reasonable estimate of closing costs on a property about $150k?
Jacob Camilliere
Closing Costs Question
So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...
Sunny P.
What do you think about this deal?
Okay, I know most of you are fairly negative on Condos, however, I want to ask you about this potential deal. Condo is in Columbus, high rents around $1500Selling price/ final price is $160,000 HOA per month is $149....
Jon Huber
How I purchased an $800k multifamily with no money
Hello, my name is Jon Huber. I just closed on my latest acquisition. It was a 6-unit apartment complex in one of the most desirable neighborhoods of Fort Lauderdale, Wilton Manors. This area is one of the most competi...
Gary Hazard
How to find out what seller owes on their mortgage?
Ok I finally took action yesterday and the first house I contacted they were motivated. Ok, shes a out of town owner who hasnt been to the property in bout 4 5 years. She doesnt know anything about what she owes on ...
Kevin Polite
Probate: relatives of deceased want to sell home no will
Finally got the owners of a property to sell. It's 4 brothers who are the heirs. The parent have been deceased for many years, but the brothers kept paying the taxes and insurance. Deed is still in parents name.
Howev...
Randy Smith
Why I Choose to Invest in Multifamily Syndications
Like many investors, I initially chose to invest in multifamily because I was investing in single family homes, and I wanted to grow my portfolio faster than that asset class would allow. What I didn’t know was that ...
Joe Fornasiero
$495/mo in cashflow. Am I missing anything?
I've recently found a duplex that I'm interested in purchasing the list price is $69,000 but I believe I could purchase the property for $60,000. Current rents at $600 per unit totaling $1200/mo. The tenants are up to...
Chris Nowlin
Lease-Purchase: Becomeing a 2nd Hand Lender
Lease Purchase Example- $100K Home w/ 10% down.I'd like to work close witht lenders and have them refer me there "top reject" prospects. Ones that have the financial credibility, but are just short on their credit sco...