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This is a spin off of another thread where we discussed risk, risk avoidance, risk management, and getting over the fears of getting started. Question: What's the worst that can happen to a real estate investor? A...
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I imagine anyone that reads the title will think "no such thing", but what I'm looking for is just a very boiled down summary of the numbers involved in a typical foreclosure process.For simplicity, assume a home is p...
What do you do and say when you run into property owners, while scoping out their property with a tax lien? Has anyone ever experienced a hostile situation? Anyone had their lien redeemed very quickly after loitering ...
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I took out a 1 year hml on my second flip, thought the project would take 3 months to complete, instead it took 6 months and I will be listing the property for sale shortly.I am concerned as to what would happen if I ...
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We bought a short sale back in Oct 2019 and have been doing the renovation on it since. Unfortunately, we had our first terrible contractor experience and have to hire a new one to both redo and finish the work. M...
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Two years ago, my tenant's lease was ending and I gave her the proper notification (60 days notice) and wrote her explaining there was an move out inspection (at the time I didn't know you were only suppose to ask) an...
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BE HONEST AND OPERATE WITH INTEGRITY!! Last year a wholesaler represented themselves as a "Cash Buyer Investor", locked up a property and the homeowners didn't know any better, they had the contract saying the "Cash B...
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I need some expert advice. I apologize in advance for the lengthy post, but I need to give some background on my situation. In 2006 my wife and I bought a condo (I know... Now) in Western CT for 280k in both of our...
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Hello, So a potential renter of mine is insistent that they do not need renters insurance even though I have told them how cheap it is and that it is highly recommended. Renters insurance is not required by law in Vir...
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Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...