Shilpa Matlock
1% Rule Properties are not Cashflowing
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Account Closed
Underpinning a building
Hi Everyone,I'm looking at a deal at the moment. ARV around 200K. Asking is 130k and there is an offer for 85k on it now. I was informed that there is some issues, some cosmetic, some major. - Foundation needs to be u...
Peter Dang
Credit Score: Negative reflection on FICO
Has anyone try to dispute a Late payment charge on your Credit score? what was your success rate and how did you approach it?
Matthew Spies
Fireplace Renovation Advice
I'm renovating one of the units in a 3 - unit property and not sure what to do with the fireplace. I was wondering what other investors do with their fireplaces? Make it only decorative? Instal gas fireplace? The unit...
Simon Qu
In escrow for a duplex in South Pasadena with Tenants
The seller is in the last few days of the 1034 exchange and they need to close quickly and therefore cannot deliver the property vacant. Unfortunately, there are tenants still living on the property and they lived th...
Adam Craig
Brick house need shutter and door color ideas
What is a good color for the shutters and front door. This pic does not show it but we have new gutters already and landscaping to be done soon.I was thinking buying new black shutters, keeping the rest white and pain...
Khaled Seirafi
Commercial Tenant Lease Expiring, not renewing CA
Hi all,My family owns a commercial space in a building in California. Their lease is coming to an end in September and we're not going to renew it nor are we going to allow the tenants to sell the business. It's a liq...
Khaled Seirafi
Commercial Tenant Lease Expiring, not renewing CA
Hi all,My family owns a commercial space in a building in California. Their lease is coming to an end in September and we're not going to renew it nor are we going to allow the tenants to sell the business. It's a liq...
Adair Smith
Fannie Mae Restrictions on Mortgage?!?
Hello fellow investors. I recently stumbled across this GREAT deal that is owned by Fannie Mae; however they put language in the contract adendum that prohibits me from selling the property for more than $44,400 for ...
Belinda Lopez
Estimating repairs on Burn Houses
Does anyone know if the BP Book on Estimating repairs includes any info on Burn house properties? Does anyone know if there are extra costs involved with burned homes over regular rehabs? I'm wholesaling a 6817 sq.f...