Aleksandra U.
Advice on potential investment needed
Hello,Looking to purchase a condo for investment. My last offer was $62500 and I'm paying closing costs (seller didn't not agree to cover any of it). Seller wants $65000. I still consider it a good deal even with purc...
Brad Uricchio
Adding sufficient "new" value to a rehab?
Recently passed on a home that needed only light "ginger breading", along with a new A/C unit to bring it to market. While this sounds great at 1st, and might be just the thing for turning a home into a rental, my fea...
Michael Gayer Jr
Is "this" Selling without a License?
Total Newbie Question ...Is "this" Selling Real Estate without a License? .... An investor giving a borrower (in pre-foreclosure) advice and strategies to sell his/her house .... and then splitting the profits with th...
Donta Busch
Question about my first possible deal
(this will be my first deal, i have limited/no experience beside reading the forums and listening to the podcast, I also have limited funds for a down payment) I have a friend who is renting an townhouse 2 bd 3 br bui...
Royce Sanders
Your BEST/MOST CREATIVE negotiation story!
Hi, I am not the best at thinking outside the box and from listening to the podcast I can tell that sometimes you have to think on your feet to make a deal work. I was wondering if you could post some unique and creat...
Dmitriy Fomichenko
Getting in trouble with self-directed IRA?
One of CPAs we work with sent me their client who have gotten themselves in some trouble with their self-directed IRA.
The client opened self-directed IRA with IRA Resources Trust Company. Then he created an LLC wit...
Tony Castronovo
Self-Manage or Professional Property Management
I know every investor is faced with this question. Self manage or hire property management? I have self-managed my SFR portfolio (8 properties) quite successfully and developed some great systems and processes. But...
Jerryll Noorden
Help on negotiating
Hi everyone.I am dealing with a situation here.I made an offer, the owner likes the offer.As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.It is taking weeks ...
Michelle Marty
Getting burnt out with tenants
I have a 4 unit building that has been a huge headache. I purchased it from a couple that were burnt out on landlording and sold at a loss to get out of it. I now see why.! I have more trouble with this building than ...
Daniel H.
Contracts
I recently signed a contract to have some work done on my buildings. I paid 50% upon signing the contract. Before even starting the job, the contractor is saying he talked to his engineer and the job is going to cos...