John Perry
Backing out of a purchase at Sheriff Sale (Ohio)
Yesterday I did something incredibly stupid. I was bidding on a house at a Sheriff's Sale online. During the auction I went to increase my bid and accidentally ended up bidding on the wrong house (I know baffling). Tu...
Tom Evans
we got a house at the sheriffs auction (not)
Last Friday we bid on a house for $34,000 against one other bidder and won. After the auction was over, we went up to write a check for the deposit. A lady approached us and said she was there to make sure the bids re...
Tim Kaminski
Worth Negotiating over $10K??
Offering on a duplex that has been sitting for almost a month. I have been looking for a few months. I believe both units can rent out at $900-1,000 each. Realtor said that the listing agent has had no offers and n...
Mitch Bernstein
Negotiation Advice
Hi All, I'm negotiating the price of a lot through the realtors (buyers and sellers agents) and have a tight budget. Typically its seems that the offers and counter offers go in rapid succession the same day. Howeve...
Kao Saeteurn
Military Landlord and Medical Marijuana User in your Rental
I'm curious if any military landlords have had any tenants asked about or tried using medical marijuana usage in the property. I'm in Arizona and the state passed the Arizona Medical Marijuana Act some time ago. The a...
Dillon Kreider
Trying to close on a carwash w RE
I'm trying to buy a carwash in 1.75 acres busy intersection, in business since 2002 , revenues of 580k and nets 350k semi absentee. Asking 1.5 willing to comeback 850k w 650k down. I'd love to find a private lender or...
Benjamin Lioue
Advice for Doing Private Lending
I am doing a private unsecured loan of $10K at 11% to a real estate development firm. I have received personal guarantees from the 3 individuals whom make up this firm as well as added on the insurance (except life). ...
John Mason
Can second home be operated by a management firm that has control over occupancy
Can second home be operated by a management firm that has control over occupancy?I mean after 9 months of living there can I have some one manage it for LTR or seasonal rental?
Jennifer McPherson
Update on Multifamily Goal for 2023
As my husband would say to me - Here We Go! Hold on tight. :) Earlier I said to maintain accountability I would be posting updates on my 2023 goal of purchasing at least one multifamily (my real BHAG is 16 units in...
Rick Im
What to do when my agent makes a unforgivable mistake
Hello,
You won't believe this happened. Last week, HUS accepted my bid on a really good deal and I gave the earnest money in time. My agent passed the deadline of 2 business days to submit necessary documents online....