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Placed an offer for a duplex with conventional loan financing. Seller told his agent that he’s only accepting cash offers. Disclosure report shows three main issues:1)No AC2)basement leaks every time it rains even tho...
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About to do our first 1031 exchange and trying to understand if there are any restrictions on financing when purchasing a replacement property above the relinquished property price.Here is our scenario - Selling prope...
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We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...
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Hey everyone,
I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.
Now my questions is, the rent that my ...
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Hello all, Figured I'd start a new thread on this. So I am closing on a Sub2 deal I just did (my first one) and I think the seller's agent is playing with the numbers to raise his commission (after trying to extort me...
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I have been wanting to ask this for a while. I hope it is an appropriate question. In a lower priced rental, are there generally less needs for fixing simple things by the landlord if there is a family with a male a...
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Hi All,My name is Mike and I'm from the Tremont Area of Cleveland, Ohio. I came to this site with hopes to learn as much as I can, and when the time is right, both financially and personally start investing in Real Es...
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Hi All,We have tenants whose lease has transformed into a month to month lease after initially being a 6-month lease. We have a verbal agreement that they will go month to month while home shopping but convert back in...
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I am currently renting a home in the Chicago suburbs, I have a SERIOUS snake infestation. If you saw me, I look like an extra from Braveheart, but I am TERRIFIED of snakes.They are all over the outside and even in ou...
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Hey everyone I wanted to see how someone would handle a situation over the phone.
I got a owner on the phone and asked if they still owned the property on x address. They respond saying that property was sold two ye...