Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...
In regards to wholesaling, when a purchase agreement is signed between the seller and wholesaler for a property that is on the MLS, what's to stop the seller from turning around and signing with another buyer? Because...
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
[Advice needed]
Tenant has made multiple trivial maintenance requests and are forcing the maintenance request to be done via rent escrow in the court, we have fixed some, and some of the others, we are in the midst o...
I have a project where the seller is carrying the note on the home with a 20% down payment. Now, I need private or hard money to do the rehab but no one wants to be in 2nd position after the seller. My friend has advi...
Need quick advice. I’m workin on my first deal ever! And I found a motivated seller on Craigslist who is lookin to sell his property really quick. The seller is wanting $109,500 however after contacting him, he’s yet ...
There is a reason why I am not a rehabber…..
April 1 (Fools Day) My Banker was very friendly. Said he wished I would get a contractor because I didn’t know what I was doing. Best rate I could get was 6 points ab...
Hi everyone. Hope You're all enjoying your weekend.
I've recently been looking at some Fourplexes here in the San Fernando valley and most of the cap rates are looking pretty low. I've seen 1 or 2 properties that eve...
Hello, I'm looking to start to rehab a few properties in this market. I've heard it's tough to make money rehabbing properties. Would appreciate it if someone could explain if it is or is not tough. And also, if th...
My name is Cielo (you pronounced that as "shello")! In Italian & Spanish I've been told it means "heaven" or "sky" :) Though I'm neither of those nationalities because I'm Filipino, funnily enough.
I am 25 years...