I am new to REO investing. My offer was accepted by the bank for a duplex of 2 units. It is valued at $210K by the city tax dept. My offer was 152K. It was listed for 170K. It needs 10K rehab work to make it perfect. ...
I good friend and I have discussed flipping houses before but never created an LLC or invested. He has attended some auctions and saw some interesting properties. We have finally come to a point where we are ready to...
Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...
I have new tenants moving in. I talked about requiring proof of vaccination for pets at the showing. Didn’t have it in this listing... :(Now I’m asking for proof and they don’t have their cat vaccinated. Tenant says “...
My sister just bought a house. It was closed last week. The day after closing she found mold in the garage on the wall. During the time of inspection, there were tons of stuffs in the garage. And a cabinet was against...
I am missing an understanding or a step in the simple calculation of finding how much ROI I get for my cash with regards to notes.
This is my simple process, which seems to give me whack return figures.
Monthly paym...
I'd appreciate any ideas on how to handle pricing negotiation with the seller based on the below details:
I'm in discussion with another condo owner in my building to buy his 1bd/1br unit. Location is Washing...
Hi All,
I am wholesaling a property by selling the LLC I created for the property. My question is, what contract do I use to represent this agreement to sell and buy the LLC? A regular assignment contract doesn't...
Hi all -- I recently rented a property I own, and a tenant I denied (including denial letter) asked me if they could still see the property. I was a bit puzzled, and it turns out that someone took my post and re-poste...
I'm currently a senior in college in Massachusetts and ever since my school went online, I have pretty much been working nonstop and saving/investing as much as I can. My friends and I have recently been learning a lo...