Cody Macias
How can I go about making my appraisal work for me
Hi my name is Cody and I am new to real estate. The question at hand is for my brother but I am curious about it as well. Ryan Lundquist from the bp podcast ep. 7 elaborated a bit on how to make appraisals work for yo...
Brianne H.
Who's had success (or not) doing rent-to-own?
Has anyone had success with doing a rent-to-own? Or had an unsuccessful experience? How long of a term did you do? How much did they put down? How much additional rent were they paying toward the deposit? The local ma...
Kusum Chanrai
Need help winning a multi-family deal in Houston
Hello! I'm trying to buy a multi-family apartment building in Houston. I'm facing two challenges: 1) Incentives are not aligned in my favor. The deal is through Marcus and Milichap. I'm working with 1 broker from San ...
Robert Ring
ADU Times 2! How I’m turning an SFR into a Tri-Plex. Legally.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $540,000
Cash invested: $250,000
This is a unique property that has a street on both the front and back of the lot....
Derrick Ruiz
Things you must do/have before you buy a rental property (regarding the tenants)
#1 - Get copies of all leases. This may seem obvious but it is absolutely critical. Check to see if the tenant is allowed to sublet the property (This should be a hard no). Or if they can have roommates. Or pets. If t...
Carl Dieckmann
Tax sale redemption - has this happened to anyone?
Texas tax code allows for previous owners to redeem a property when sold at a tax auction, and many other states have similar laws. In Texas, the redemption period is for 180 days, or 2 years if the property was homes...
Wei Cho
First Deal: Countless mistakes = lessons learns
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Los Angeles.
Purchase price: $475,000
Cash invested: $350,000
This is probably every RE investor's worst nightmare, we mad...
Mindy Jensen
Domestic Violence Laws - Colorado
If I have a tenant who is claiming domestic violence and wants to move out immediately, what are my rights as a landlord?I realize that the safety of a human being trumps my mortgage payment/bottom line - but am I all...
Jeffrey Bland
Getting offer accepted
I am trying to buy a duplex that is need of updating. I made an offer over a month ago of $90k and the list price is $129k. They countered at $128k. It has now been about 5 weeks and they haven't lowered their pric...
Account Closed
Problem Obtaining Umbrella Insurance
I am a out-of-state investor living in New York, but invest in Little Rock, AR. I spoke with a rep from my rental property homeowner insurance in AR (Safeco) to get a quote for a personal umbrella policy. I was tol...