Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
Brett Dufur
How to structure "wrap" loan on three 4-plexes
Hello! I'm looking at an interesting investment, but I need your advice on how to seal the deal.I'm talking to an elderly gentleman in his 70s, who still manages 100+ units(!!). He wants to make me a "sweet-heart of a...
David Cas
Syndication deal structure - seeking opinions
Hi -I'm an investor & new partner working on a $1M+ deal with a syndicator / sponsor. Here's how the deal is being put together:- Property ownership: Syndicator ~80%, rest split among investors depending on amount...
Tsoi Anisoquilli
Tenant personal property damaged thru landlord negligence
Unlicensed uninsured tree trimmers the landlord hired, downed limbs on house power line causing huge power surges. Landlord did not notify Oncor before the work started.Tenant notified landlord when the limbs came dow...
Sahleem Lee
Clouded title is preventing me from purchasing!
Hope everyone on here is having a great 2020 so far! This’ll be a lot to take in, but please share your advice.PP- $18,500Repair- $30k (includes all fees and holding cost)ARV- $88kI’ve been plotting to buy this proper...
Tosha Revere
To renew or not to renew
Long post warning....New landlord here, my first tenants (mom/daughter) moved in Oct 2018. Daughter is 63 and Mom is 85. Mom had just enough income to qualify for 3x rent and good credit. Daughter had bad credit and...
Account Closed
Coronavirus deaths 348 Since Jan 1 - Flu deaths 23,000 Since Jan
U.S. Coronavirus deaths 348 Since Jan 1 - U.S. Flu deaths 23,000 Since Jan 1 - numbers from the CDCDo you see the irony?Panic, Panic, Panic. and for what? Follow the money. Who gains the most by setting the word in PA...
Dustin Faeth
Issues with bad contractor now threatening to file mechanics lien
We are finishing up a rehab project right now and the contractor that was doing the work was doing a horrible job, taking too long and causing a lot of issues, so I decided to fire him this past Friday and cut my l...
Jamie Montpellier
Paying your tenants water arrears... Fair?
So I received my weekly mail this morning through that convenient slot in my door and curiosity made me go pick up that envelope and in that formal letterhead I saw the utilities' company's name in bold letters. Sure...
Haiyang A.
Backyard drainage issue (inappropriately refilled pool)
I’m looking at a bank REO that needs some repair (only 20 years old), but it’s the drainage issue in the backyard that worries me. The yard is on a slope, and it looks like that rain water would run towards the house ...