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My real estate mentor was diagnosed with a form of Leukemia in 2012. He passed away on 9/11 at the age of 60. He had approximately 30 units in 2010. Slowly he fell behind on payments, and eventually stopped paying all...
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Hi all, I am confused as what to do regarding title.I am in contract and my confusion stems from my bank wanting me to sign disclosures that I will be using "their people" to pull title, but my lawyer wants me to use ...
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Hello,
Yet again I am using you for help. This forum has been extremely helpful and we have gained a lot of knowledge from all of you. Our tenants never put the utilities in their name and we are trying to ...
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I am renting out a small 2/2 house in my area. I had an older lady come in who gave me a presentation folder that included her intro letter, completed rental application, her credit scores and rental into that she got...
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One of the investors in my local REIA is looking to retire and is looking to sell couple of neighboring four-plexes in a decent area of town (across the street from an elementary school) sometime next year. I am ...
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Hello all,
I'm a new member and I'm very glad I stumbled upon this forum. I have a question regarding pre-approval for a mortgage. I'm looking to buy a 2-3 fam home with a partner of mine and we are looking to get a ...
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I'm considering an offer on a 4-plex, where the two upstairs units are occupied. Understandably, they don't want people tramping through kicking tires.
The downstairs needs work. If we got it we would plan to tot...
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Hi everyone,I am in the middle of running numbers for a few properties and I want to make sure I don’t get blindsided after the fact. So here are the numbers I have looked at so far. Also, any advice from anyone, I wo...
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I work a lot with people buying investment properties. These are savvy people that have excellent credit and usually have options when it comes to money for closing.
I am often surprised by the way these same people...
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I have 6 properties which got hit by the storm in Houston. My deductibles are $6K range and all properties are 2005+ build, 2000 SF +/- double story.
Location Houston TX
This is my first time working with insurance ...