Eli Silverman
Dangers of unpermitted roof when reselling properties
I have a house I'm looking to wholesale but I have a concern about the roof.It was replaced a couple of months ago and the seller thought that the roofers were pulling permits but I can't find any evidence of permits ...
Eugene Mar
Seller financing on a 5.5 million deal
Hi everyone,I've come across a situation where I met a very elderly gentlemen who owns quite a substantial portfolio of commercial properties. His is widowed and all his kids have no interest in his business. Not on...
Matthew Boos
Vivid Vision Draft Advise
After listening to the podcast about 'Vivid Vision" with Cameron Herold I knew that I needed to create my own. I am blessed with a mind that can see myself 3 years out, but have trouble relaying my vision to my wife ...
John Huynh
Multi Unit Inspection
Hi everyone, I wanted to understand the inspection process more for multi-units. Is it normal for sellers to allow prospective buyers to tour every single unit? I'm interested in a 4-unit and am a bit weary about purc...
Swathi Vijayakumar
What are the must perform Repairs on a Rental Properties
Hi All
As a Landlord are you required to fix all repairs immediately? For example, I just had a tenant complain about one of the stove burners not lighting due to a faulty ignitor. They can still use the burner it ju...
Cassidy Burns
Financing Secondary Home Purchases. Who are you using?
Hi BP,Who are you using to finance your secondary home purchases ? 10% Down financing options that are not lending based on the borrower, but based on the asset? Would greatly appreciate any suggestions as I"m doing a...
Hanam Pham
Life insurance payout of applicant's late spouse as income qualif
I have a prospective tenant that is going to receive a life insurance payout for spouse who has passed. The applicants income alone does not meet income requirements. Income is $5000 and qualification amount is $652...
Angela Zaitz
Concrete patio cracked. leave,fix, replace with__?
Im going to be renting out condo in So Cal - Murrieta . Area often get frequent highs over 100 degrees in summer and soil not the best. I have a 40x15’ concrete slab patio that takes up most of the patio. The slab has...
Jeff Sullivan
Partnerships and tax implications
I currently own 5 SF rentals with a partner. All conventional financing... some houses in my name and some in my partners. Is there a strategy that would allow us to each claim half of the income and half of the mortg...
Jonathan B.
Pre-foreclosure deal, negoitating arrears?
Hi Guys,The potential deal here, first time dealing with a pre-foreclosure.Preforeclosure seller, auction due in a week, Got authorization signed from the seller, the bank claims the current arrears are about 52k whic...