All Forum Posts by: Don Konipol

Last week I viewed a 5 unit property. I’m a little short of funds right now so presented my buyers agent (who I’ve worked with almost 30 years) two options on an offer. The first was for a 10% down payment, 20% seller financing and 70% bank financing with decent terms and a 60 month balloon on the seller financing portion.

The second option was 10% down 90% seller financing with 60 month balloon.

My buyers agent responded two days later that he didn’t think the sellers wanted the hassle of owner financing and that given the two vacancies and the fact that the other 3 units were so far under market rent that he figured they would need a cash buyer.

I’m not entirely sure my sellers agent actually presented the offer from the wording in his response to me. I’ve never questioned anything he’s done to represent me previously but have been left with the feeling that maybe he didn’t actually presented the offer to the listing agent.

I know the listing agent and could contact her to maybe say something like if your buyers change their mind about financing part of a deal please let me know.

Would you give my buyers agent the benefit of the doubt given that we’ve worked together for so long or would you recommend I drop a note to the listing agent?

I would not be cutting my agent out of the deal, just making sure the option was mentioned.

What would you do?

Hello - does anyone have experience buying properties in Latin America? As a 22 year old with limited capital it seems this could be a feasible way to get started in real esate  - albeit it will come with more risk. 

Would absolutely love to connect with people who have experience in real esate outside the US.  Cheers! 

@Don Konipol I appreciate your insights. I wanted to learn other avenues in realestate outside of buy and hold. I gained my first property by house hacking and  managing it myself, but now I am out out of state and have a PM for that property. Do you know of any process proven  step-by-step programs or groups I could purchase/ join as a new investor. Any information you can provide would be helpful! Thank you. 

I'm dealing with a tough situation and could really use some advice from those with more experience.

I had a new tenant sign a lease for my property. They paid the security deposit and rent was due at move-in. The lease was fully executed and signed.

Then, he said he will move in after 10 days. On day of move-in they reached out and said they found another (free) place and want to cancel the lease. Since the move-in date has passed and they are technically in breach of contract, I believe I am entitled to the rent and other fees as per the lease terms.

I'm looking for some guidance on how to best handle this.

1. What are my options here? Should I proceed with a Notice to Pay or Quit?
2. How do I handle the security deposit they've already paid? Can I use it towards the missed rent?
3. Does anyone have a referral for a good landlord-tenant law attorney in WNY area?

Any advice or similar experiences would be a huge help. Thanks in advance!

Hello BP, 

I am interested in investing in Tax Liens/ Deeds and the  many avenues that's available when investing in this niche. My goal is to be connected to a mentor and/or a legit program I can purchase to learn everything about it and provide step-by-step guidance to your first deal. 

Kindly, 

C.R

I previously loaned my LLC $150K to purchase a rental property (SFH) and I'd now like to set up an interest only loan, let's say for 5 yrs, until the LLC can refinance the property through a bank and ultimately pay myself back the $150K. What is the best way to accomplish this and/or is there a better strategy?

Just learned about lease options in the book, "Investing...with no money down." This piqued my interest on a potential financing option. What other lease-option-specific books or other sources are recommended to learn more?

I found an out of state investment property (I live in DC) in Powder Springs, GA. While I lived 20 years in GA, I’m not as familiar with the powder springs area but between my realtor and some research on my own, the numbers show this property has a small positive cash flow, even with hiring a property manager. Negotiated to $180k from $195k. Got the inspections in and am admittedly shocked by all the issues. A lot of them (65) labeled as marginal issues and 2 labeled as significant issue, one is the roof. The roof was supposed replaced last year but inspection came with gaps, no active leaks and potential past moisture damage (water marks in the attic). I hired a separate roofer to do a separate inspection and he believes it has about 3 to 5 years of life. This differs from the handyman my realtor know, who quoted 7-10 years. Not sure who to believe at this point. The roofer quoted $800 to patch it up now and make minor updates to keep the life of the roof but $7k to replace the whole thing 3 years down the line if I choose. Would you take this deal? 

There is no end in site for these platforms to play games. They just don’t want guests to see how much they charge. I’m on the higher end and guests end up paying Airbnb $2-3k which is outrageous. Now they want to disguise that fee and make it look like I over price. Hopefully more will come to my direct booking site now. 

Hi everyone! 

My name is Cat. Excited to be here!

My background: Built and managed a 33-door multifamily portfolio worth $7M using creative financing and OPM before strategically liquidating post-COVID. Now I'm laser-focused on RV parks and Mobile Home Parks as my next chapter.

What I bring: Hands-on experience with property management, tenant relations, deal analysis, and value-add strategies. I understand the operational side of real estate investing and I'm not afraid to roll up my sleeves.

What I'm looking for:

• Learning from experienced park owners and operators
• Connecting with wholesalers who focus on RV/MHP deals
• Opportunities to provide virtual assistance or remote management support
• Building relationships for future acquisitions (targeting 2026)

I believe in win-win deals and bringing value first. If you need help with deal analysis, property research, or operational support, I'd love to chat about how I can help while I'm building my knowledge in this space.

Looking forward to learning from this amazing community! Feel free to reach out - always happy to connect.