Andy K
Advice on tenant move-out after a fire incident
Hi folks,
We wanted to get some advice regarding a situation we have at a rental property we own. In mid-August, we unfortunately had a fire in the attic of the rental home. The tenants living there called the fire d...
Kyle Shepherd
Noob - Questions to ask when buying several SFRs as a package?
Hey folks!
I have a realtor contact who is getting up there in years, and wants to get rid of a bunch of his rental properties (including his own house). He owns them all outright and has for years. We spoke the othe...
Trent Chance
My Progress So Far (How am I doing?)
Another forum member asked what everyone thought of taking money out of a 401K to invest in RE.
I know it's a heated topic but my answer is below. Tell me what you think.
"It can work well:
Is it a good idea? I...
Manuel A.
Rehab Estimation Case Study - By a newbie, for newbies (and constructive criticism!)
So, I've made a video of my last house I checked out, a complete walk through (except exterior, which you'll just have to trust me needs exterior paint and some landscaping that I'll do on my own) and I want to let th...
Robert Rayford
UNSCRUPULOUS INVESTMENT COMPANY ALERT!!!
So, I find a property out in Jacksonville, Florida that I would like to buy and flip. This property is in very bad shape and would need a contractor or a very skilled rehabber to get this thing repaired and resold. Th...
Bruce Clark
Seller wants cash only no inspections - WHAT?!?
I put in an offer for a potential flip. My offer was for 45k subject to inspection and financing.My agent says the seller has responded by saying 45k is fine but they only want cash offers and they are "not going to d...
Conrad Pels
Are either of these a worthwhile deal?
I am looking to buy my first rental investment property, and after analyzing the market where I live (Traverse City, MI) for some time, I’m thinking there are other places within an hour or so that may provide more ba...
Ahmed Alkaysi
What can I do myself to help reduce rehab costs?
Hey everyone, total noob here. I am getting ready to purchase my first investment and BRRR property that will require a gut. A primary reason why I decided to go this route was to get experience and exposure into reha...
Nina Ibrahimbegovic
Need help- appraisal came back as C-5
Hello everyone, I am under contract for a HUD property and the appraisal came back as C-5 (not financeable). Since this is a HUD property they won't do any repairs. Does anyone have any advice for me please.. getting ...
Ashley Wolfe
When both parties are in default and one threatens legal action..
Ok, the long and short of it is this:My husband and I were under contract for a SFH. During that time we submitted a repair addendum and the seller agreed to it in full.In the meantime, we were getting our loan final...