All Forum Posts by: Ralph R.

I would ask the to pay half or a 1/3 of the costs. If you force them to pay all of it even if its their fault they could end up becoming bad tenants and will cost you more in the end.

Did you win the pre-bid?

I will try to change the contract to select my own title company.  Are there any other issues I should be concerned with?

I had the $5/day fee in my leases but found it hard to collect so I went back to $25 late fee.

I am considering increasing it to $40 for future leases.

I didn't see a 30 day restriction in the contract just the 120%

GRANTEE HEREIN SHALL BE PROHIBITED FROM CONVEYING CAPTIONED PROPERTY FOR A SALES PRICE

OF GREATER THAN $___________________ FOR A PERIOD OF ____ MONTH(S) FROM THE DATE OF THE

RECORDING OF THIS DEED. GRANTEE SHALL ALSO BE PROHIBITED FROM ENCUMBERING SUBJECT

PROPERTY WITH A SECURITY INTEREST IN THE PRINCIPAL AMOUNT OF GREATER THAN

$________________ FOR A PERIOD OF ______ MONTH(S) FROM THE DATE OF THE RECORDING OF THIS

DEED. THESE RESTRICTIONS SHALL RUN WITH THE LAND AND ARE NOT PERSONAL TO GRANTEE. THIS

RESTRICTION SHALL TERMINATE IMMEDIATELY UPON CONVEYANCE AT ANY FORECLOSURE SALE

RELATED TO A MORTGAGE OR DEED OF TRUST.

I am a buy and hold investor so I  don't know anything about wholesaling.

I have an accepted offer on a Homepath house in Racine, Wisconsin that I would like to wholesale. I  was going to use as a rental but It been a month since I first submitted the offer and now have a duplex I am purchasing so I don't want to deal with both.

I am not looking to sell it for more then 120% so that shouldn't be an issue.
 I want to know how to do a double closing with their company ServiceLink? Does anyone have any experience?   

Don't forget about vacancy . I don't think its a good deal.

no not I am realtor but I don't see it much different then putting a "for rent" or "for sale" sign on my property.

I have a few rentals on busy streets so I am thinking of putting bandit signs in front of them. Any thoughts? good or bad idea.