Jimmy Chou
What happens when seller signs multiple contracts? Is that fraud?
Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
Paul Stout
How Do you Determine Security Deposits
I am working through an analysis on a SFR and I am researching realtor.com and Craigslist to make an informed decision on what I can expect to get in rent. As I am getting closer to acquiring my first property and pl...
Vincenz DeCastro
Commercial Multifamily listings advertising 100% occupancy
Long story short, I'm new to the REI world and have been steadily approaching my first deal. I've been analyzing multifamily commercial listings seeing apartments from as little as 8 units to as much as 200 units thro...
Bill Haley
Cautionary Tale Question
I just came across this terrible story of an agent who was killed as he was allegedly going to evict a tenant a few months ago. https://www.sltrib.com/news/2019/01/20/three-arrested-death-utah/While there is no total ...
Ivan Cole
BRRRR - Stuck on financing step!!
My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...
John Olsen
Learning To Be More Handy
Hi all! I'm a handy guy at all. Instead of having my handy man come over for every little thing I want to learn to do things on my own. Does anyone know of a Blog, youtube channel etc. that is good for learning to ...
Trip B
Man get $330,000 house for $16! (YMMV)
First of all the basic law :
Quote:
Adverse possession is a principle of real estate law whereby somebody who possesses the land of another for an extended period of time may be able to claim legal title to that land...
Rajan Ch
300 K equity and 100 k cash in LA area what to do next ?
I am In the LA area and I bought a 4 unit in 2015 in the inland empire in Southern California and currently it has about 300 K of equity in it. The 4 units are all currently rented out and profit is about $300 per m...
Jake E.
Considering FL RE License - What fees/expenses should I expect?
Hello!I've been interested in real estate for some time, specifically for investing and potential new career (full or part time). I've read other posts here discussing the pros/cons to having your own license as an in...
Matthew G.
New Investor - Next Steps?
Hello everyone,
New RI investor here. The purpose of this post is to ask for guidance on next steps you might recommend for a new investor in the area, as well as to introduce myself to the community. I've read and w...