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I woke to what initially was a funny call; I was told from the crew rehabbing a house in Indianapolis, IN that a new roof was accidentally installed on my house by another crew working for another rehabber.They said t...
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We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...
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I just received a response back from a seller that has 2 quadplexes and a triplex for sale on the same block. Unfortunately they are listed on the MLS. I sent a request for the rent rolls and the trailing financials...
Prospective tenant is interested in starting application process for my rental unit. They are out of state and their son is attending university and will be the co-signer. This is my very first time renting the unit a...
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I am mid-way into a reno flip when a buyer states they want to purchase the property at asking but they want to pick the finishes? I did lower the purchase for them to take the house As-Is and they could finish it but...
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If there is a property with several years of open back taxes, with a few years forfeited (offered at sale but not purchased), do they need to be paid off before closing? Or can it be handed like normal, with the debt ...
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Hi I'm Canadian! 45 year old guy with a young family that has 20+ years of experience with fix and flips, buy and holds, and a little in between. I'm in the Kamloops, British Columbia. I find myself with spare US cas...
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What requirements do you guys have for when the tenant moves in for the money to put down? For example do you request first months rent, last months rent, and a security deposit? What is the security deposit usually e...
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Since all the applications I've been getting have really bad credit scores, and having gone through evicting a tenant who couldn't pay me three months' worth of rent, I decided to ask for double deposit and first and ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Monroe.
Purchase price: $150,000
Cash invested: $8,000
Bought this 4 unit in January of 2022 to start the year off right! ...