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I am a hard money/private money lender/rehab-er in my area. I had a lunch meeting with a rehab-er about a project he was considering. He showed me the property he was looking at and gave me all of the details (it happ...
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New 4-family property.At Arch Buyers, my business partner and I just bought a 4-family property in St. Louis County. The two upstairs units have brand new duct-work. There are furnaces in the attic to provide forced a...
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I picked up a house at a tax sale for $1,500. It is a small 2 bed/1.5 bath. The owner before me was renovating but then just walked away from it. The house has a new roof, new windows, and new drywall in the living ro...
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My dad owns a 24 unit building, and 2 four family buildings in NJ. He has always managed it himself, performing most of the labor, but he’s getting to the point where he does not want to do that anymore.He has always...
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Hey Guys!It seems our tenant kept unauthorized dogs at our property, and there are extensive pet damages to the house (flooring, fence). We think the repairs will SIGNIFICANTLY exceed tenant's deposit. Of course, we w...
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Can you simply make an offer to the bank on an REO as a Wholesaler that is planning to flip the contract? If you do, what contracts are used with the bank? Do they sign my Purchase and Sale agreement with all of my "o...
I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
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Hey all! I'm new to the forums (first post), although I've been lurking for a minute. I've been wanting to get some advice from people about my specific situation, but there's a lot so I'll try to keep it to the poi...
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Hey guys, My wife and I are under contract on a condo in Kihei that is vacation rental approved. It took a lot of research and contemplation before I was able to convince myself that paying a 30-40% premium for a cond...
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I'm new to the rental business. How do you all handle pets and smokers? Allow or Not? If not, how do you ensure rules are abided by? What would be the penalties if you found they weren't abiding by the rules? If ...