Hi,I have a little bit of money saved up, not much comapred to most people here (about 15k) and I was wondering if there is anything smart I can do with it that could help me turn $15k into 25k or more. I thought abo...
Until recently I have lost motivation on my 1st rehab project. But, today realized my unfair advantage.I think this could be a fun thread for everyone to share their unfair advantage(s)For me it's the following:My age...
I was recently notified of a 4 Plex from my agent and the asking price is 105K. It is a 1/1 with full occupancy. 3/4 units are month to month as they are out of contract where another new tenant just signed on for a ...
Hello BP,Might be a dumb question, but can you ask for a non-refundable deposit to hold a rental for somebody here in MA?
Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
I have a tenant in LA who has been there only about 7 years (although it looks like they've lived there for 20). I do what I can. I keep the rent $400 below market, too. The house is 60 years old. On top of that, the ...
My renter's wife contacted me early to let me know they were going to be late with the rent payment. I understood, and just advised the $5 per day late fee(I'm very fair and understanding). The 10th comes around and I...
Hello all,
I have heard of people getting short sales at 40% - 50% below market value.
Can a few of you share your success story and what factors contributed to such successes.
Getting shorts at 20% below market va...
Has anyone had success getting good deals at these auctions?
Anyone had the seller not go through with the sale if auction price is too low?