James Letchford
Under Contract on Contanimated Property
In September 2017, I went under contract for a property in Southern New Jersey for $94,500. It needed $65K to give it an ARV of $200K. During my inspection period, we noticed signs of an oil spill around the tank outs...
Pat L.
Lead Paint disclosures
Saw this on another site....
(we always verify the disclosure by the selling Landlord that the current tenants have full LP disclosure & signed).
NOT DOING LEAD DISCLOSURE IS SERIOUS
(AND COVERING IT UP IS EVEN W...
Marcin G.
once your flips sells ..
Once you successfully rehab your property, market and sell, I understand new owners might decide to sue you for some hidden/undisclosed defects, title issues (?) other things …is there some list of things that prev...
Carrie Hale
How do I get the drug dealer next door out of his condo
I have lived in my condo for 17 years. The man that owned the condo next door had two adult sons that lived with him. One of them is a known drug dealer and has been arrested many times over the years. He has cause...
Cristina Ruffini
In Need of a Lawyer And Some Advice!
Hello everyone!I recently bought a fourplex in San Diego (October 2018). It was fully rented when I purchased the property. I received rent rolls from the property manager during escrow and also had the tenants sign e...
Leslie Beachwood
Colorado Foreclosure laws question
Hi, I'm a new investor interested in purchasing notes secured by real estate and am investigating state-by-state laws regarding the buying, selling and servicing of notes. I spoke today with a compliance investigat...
Ken M.
Creative Financing and Some Things To Know
Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
Tim Braun
Deciding if I should fix and sell or fix and hold/rent
Good morning all, I have my first deal that I am working on and I am trying to figure out the best exit strategies:1. Fix and sell2. Fix, rent, refinanceThis is a single family home - 2/1 but I may be able to make it ...
Spencer Cornelia
Solving the Bed Bugs Problem (in House Hack)
Background: I operate a 7 bed / 5 bath house hack in Las VegasMy cleaning crew found a bed bug so I hired pest control to come investigate the property. $85 later and no signs of bed bugs. Huge relief! Dodged a bul...
Jeff N.
Are Agents and Loan Officers required to safeguard sensitive information?
Just had an incident where a loan officer was emailing my tax forms back to me because she needed my signature on them, but I haven't been receiving them. after a week of telling her I haven't received her email I fin...