Eric Medemar
Proven & Tested "Buyer Getting" Call Script
l quick here.
I just finished about a month of testing this with my students and I thought some of you might appreciate this too. One of the "Profit Paradoxes" as I like to call them in terms of finding good, solid,...
Johny Omaga
4th BRRRR, KANSAS MO
Our first probate deal.Background:We found a very motivated seller who inherited this home and saw it as a burden. We offered cash at a huge discount and they accepted. However, we had no idea their probate claim woul...
Gary Parker
Medical Liens
Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...
Darius Moezinia
Capital Gain and 1031 exchange
do you have capital gain tax liability if the purchase price of the new investment property is less than the net proceeds of the one you are selling in a 1031 exchange? (Net proceed, includes Escrow fees, Title, 6% sa...
Jeremy Rachesky
Denying a potential tenant
Do you have to tell a potential tenant that they are being denied after they filled out an application? Or can you just not contact them? Just of the mind that the less contact the better in this litigious society. ...
Derrick Strope
Question about contingencies
One part of the contracting process that I am not terribly sure I completely understand is the use of contingencies. Of course, I never want something like this to happen but lets say I land myself in an unfortunate ...
David Richard
Tenant won't move out
I just closed on my first property. I'm buying it as a primary residence and the tenant there recieved 60 days notice from the previous owner to vacate the place... the tenant is not complying and I feel she will prob...
Nicholas Foy
Buy now or wait.
Hi everyone,
I own a single family rental in Seguin, TX and I’m looking to keep adding more rental properties. I am interested in single family and multi-unit properties. I currently have 45k in cash and I save a...
Benjamin Sulka
FHA 203(k) Loan Details
First I want to say that I'm not a lender. The information in this post is based on research that I've done on Google and BiggerPockets to learn about the FHA 203(k) loan. Writing this out helped me internalize the in...
Christopher Sandys
Maumee - You're in the Hurt Locker (controversial rental ordinance)
The following is from WTOL 11 Maumee council approves controversial rental ordinance
In a six-to-one vote, Maumee City Council approved a controversial new rental ordinance Monday night.All but one council member v...