Mark P.
Looking for Opinions: Hold or Sell?
So I purchased a home in Philadelphia, PA in August 2011 for $199k with a FHA loan at 3.75%. The mortgage payment was $1265 initially and now since it's my rental property, I am renting it for $1400/month, but have $...
William Ellis
Approved 100K for first deal - What next?
I have been interested in real estate for years and my wife and I are ready to make the plunge. I have been pre-approved for a 100K loan with 15% down so I would have to come out of pocket for about 20K at closing unl...
Shawn Thom
How much price flexibility on short sales
I'm a newbie and wanting some guidance on short sales. I've been looking at a few that are posted on MLS. They don't seemed to be reduced hardly enough that I can tell. I am wondering how successful I could be a ...
Peyton LaBarbera
EMD with Auction Properties Question
At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?And just checking, is the EMD requirement for foreclosure auctions 5% of the total...
David Jay
Facebook for screening tenants
So give me your thoughts on this one. A while back I got an application which looked good. Income wise the tenant was more than qualified but owned their own business. The application was approved by myself and my ...
Rhondalette W.
1st rental property gets 10 interested on Craigslist. Now what?
I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
Mike B.
Want to Look at a House - How Should I do it?
Hello All,
In learning/DD stage getting ready for my first ever deal (2b a renovate & sell). I want to kick the tires or window shop a little bit on a short list of what would be potential deals for me if I were...
Justin M Christian
If You Could Automate Any Real Estate Process, What Would It Be?
What is your largest headache, time suck, inefficient activity that you have in your real estate business that you wish could be automated and why?
Robert Hernandez
Inherited tenant leaves one month in, advice?
Bought a quadplex in c class area last month. One of the tenant who have been there for 5 months did not pay rent and is in the process of eviction I talked to my PM. I am house hacking the place so I went to talk to ...
Sandy Uhlmann
Help! I have a motivated tired landlord and don't know what to do!
In the process of looking for properties to rehab to buy and hold, I have come across a tired landlord that wants to unload most of his rental properties. (he probably has at least 20-30) He is MOTIVATED! (his own w...