Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Mike B.
Freedom Fund Lending w/Josh Cantwell
Hello fellow real estate enthusiasts. I came across this company who says they do "asset-based" lending, meaning that they provide loans based solely on the property and not the borrowers credit history. They claim ...
Hope S.
Extreme water damage, mold, hoarders and the kitchen sink
Has anyone ever acquired a severely distressed property (long neglected water damage, structural damage, mold, hoarders (and cat poop)) and lived to tell about it? We are so shocked by the state of a recently acquir...
Elenis Camargo
How to reply to tenant if you don’t want to fix certain things?
Hi BP! We just got new tenants that moved in. They are two college students but the mother is a co-signer. She was not there during the initial walkthrough because she’s from out of state but she sent a list of things...
Account Closed
Lease Purchase vs Renting Out
It seems that a lease purchase with stipulations to make the buyer responsible for repairs would be more advantageous than renting because the property owner wouldn’t be responsible for any repairs, they get a bigger ...
Robert P.
Which tenants would you choose?
Debating on which tenants you would choose. Leave your feedback! We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (m...
Charles M.
2 questions from New Landlord about to rent first property
Hi, wife and I are about to list for rent our first rental property (townhome), we are all in at about $225k. Can you help with 3 questions?1. Where do we get best lease that will hold up in court and protect our int...
Robert Howard
Partnership proposal and analysis
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Cameron Riley
Do you put security deposit into private escrow account?
- Just found out, tenants are eligible to receive interest on their security deposit ( most likely a few bucks, if that lol ) but they can make a whole case out of it - PA law states, must hold security deposit, in es...
Priscilla Z.
Change windows?
Working on my numbers for my next rehab project and I need some input. I haven't had to change windows in the houses I've rehabbed so far, so this would be a first.
There's nothing wrong with the windows, except th...