We are in escrow on an investment property. We offered 3K above appraisal value. However, appraisal just came back 30K below listing price. At this, what are the seller's options? Can they legally back out if they acc...
Hi, I'm hoping someone might be able help me to untangle this situation. I recently fired my out of state property manager because she was abusing her position by placing her personal friends in our property (unbekno...
Ok, so here's what I want to do, so you guys can tell me why it's a bad idea.I plan to have my LLC sign a master lease with the owner of the property. The lease will be 90% of the net income less expenses. This will...
Looking to Wholesale and Co-Wholesale deals in Southern CA.. Whats the best way to protect my end of the deal while Co-Wholesaling?Thanks In Advance.
Hi guys. I am a total baby investor still in the money saving stage. I realize that FHA loans might not be the best option so I am still not convinced on them. Ideally I would like to put down at least 10% on my first...
Hello, I am an investor from Texas. We purchased a home about 8 years ago on the urgent recommendation of my youngest son. It was a home that was in dire need of repair/work and was being sold at a very low price (44,...
I'm thinking about purchasing a property through the Greater Syracuse Land Bank. Does anyone have experience working with them that they'd like to share? Pros and cons?
I have been looking off and on at property in Birmingham and my sisters best friend lives there. She swears up and down that property managers in Birmingham charge a flat fee of $300 and 20% of the rents. I have never...
I'm a bit confused by the amount of insurance I should have on my buildings. Currently, I have a duplex with a value of 150,000. My insurance agent has me hooked up with 350K in coverage as replacement cost. This s...
Anyone buying already rented homes in Macon, GA or Griffin, GA? Cash on Cash returns are like 20%! low income, yes. Some crime, yes. But long term tenants. Any advice either way? I'm considering entering intocontract ...