Jean Laurin
Rehab overrun question
If I get a quote for a rehab from a contractor, they work the job, and then the job goes way over budget, what happens? Is the contractor responsible for some or all of the cost, or does it all fall on the investor? ...
Roger Verastegui
Recommendations on Appliances
I have yet to purchase a refrigerator, washer, and dryer for my first investment property and would like to know whether I should stick with big retailers like Lowes, or shop at local appliance stores?
Bret Habura
Who Runs the Initial Numbers
Hi All,
Curious about your process when working with an agent. Does your agent typically run preliminary numbers for you and determine if a property is/could be a good deal and send it to you or do they send you many...
John Reaves
Buyin an REO the day after foreclosure
I have several houses that I want to buy that got foreclosed on Tuesday. I called the banks (Cite, Chase, etc) and they have all told me to go through a realtor once they assign them. Is there any way to buy them st...
George Moehlenhoff
Getting started? $
So here i am wanting to get started in the rei game. I live in a home for free due to a relative passing away. I want to focus on flipping for now to generate a decent lump sum and then use that to get into some cash...
Kevin Fintland
Follow-up Questions to: HOA trying to collect reimbursement for cost not my fault. Threatening a lien.
My HOA states that I am responsible for flooding that occurred in our building (not due to broken pipes or faulty plumbing). I live of the 3rd floor of a 3 story complex and wanted to change some tapes in my bath so ...
Roxy Blu
Structuring the first partnership
Hi, I am looking for thoughts on structuring a partnership on a short term rehab with my brother. Until now I have been doing rehabs by myself but I am looking to grow and realize the benefits of partnerships. The ...
Tikvah Schlissel
Where to silently invest?
Hello,My dad has about 50k saved up and wants to invest somewhere but is nervous about the stock market. He said he may be interested I’m becoming a silent RE partner/investor. What would be the best way for him to le...
Justine Scheuher
Trying to get an inherited tenant (94 yrs old) to sign new lease.
I've inherited a 94 year old tenant who lives with her son and daughter (in their 70s-80s). I'm not quite sure what to do...they have been month to month. Only the 94yr old is on the current lease. Should I just keep ...
Kevin Raye
Refinancing a rental home with equity advice
I have a Rental property that is renting for $1850 per month. I owe less than 60,000 and my mortgage is around $700 per month. As of now the house is worth about 250 K. Should I pull the equity out and buy more real e...