Vida Novak
Bought half a double lot, but the house is on the property line
Working on a house flip, but have a bit of a concern. A wholesaler sold me the house-half of a double lot. Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...
Paris Morris
Rookie Question: Wholsaling as an agent??
I live in Washington, DC and I’m planning to purchase and study for a real estate license in Maryland and I will apply for reciprocity in DC, thereafter. I’ve always had in my mind that I would get into real estate, e...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Jesse Morrell
Is there a flood of foreclosures coming from Covid19?
Do you think there will be a flood of foreclosures from the economic shutdown? If so, do you think it will drive the prices of real estate down? Banks also hold on to foreclosures and slowly release their inventories ...
Steve S.
First time a tenant has failed to make rent. What to do?
Their business has been destroyed by inflationasked if they could use the deposit to cover rent for this month. What should I do next? I want to be sensitive to their situation as the economy is bad and we’re all str...
Matt Morgan
Sellers of my new home did material damage to hardwood floors
Sellers of my new home did material damage to hardwood floors prior to title transfer. They are refusing to pay for the $800 of damage to fix the issue. They damaged the floors shortly after the walk-through and didn'...
Gardy Saturne
First Rental - Negative Cash Flow & Questionable Property MGMT
Hi Guys,I am an out of state investor that purchased my first duplex in Cleveland, OH last year. I'm already negative cash flow on this rental because of unexpected repairs and tenants not paying. After turning over ...
Clifton Jones
CitiFinancial 2nd Mortgage
We have a property that has both a 1st and 2nd mortgage on it. We have offered $32,025 on the property, with the 1st receiving $29,275 and the 2nd getting $2,750.
The 1st mortgage is with American General Finance ...
Marcus Palm
What would you do with 70k cash during Covid?
Just wondering what would people do right now if they had 70k cash on hand. Where would you invest it? Would you just leave it in a savings account for now?
Adam Marx
ARV comps problem
Good evening,So I have an off market property I may be able to purchase. The issue I am finding is it's unique location. It is in a tiny little town similar to a downtown district where you have alot of businesses ...