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Results (5568)
Brian Kennedy Condo Pitfalls
5 March 2015 | 3 replies

Are there any specific pitfalls to buying and then renting out a condo?  The condo I am looking at is a 1bd, 1ba in a nice area and has been recently renovated.  My cost for the note plus condo fee and taxes/ins will ...

Scott Williams Potential Pitfalls?
29 October 2009 | 8 replies

Ran across what seems like a good deal on a commercial building in a small town.

Roughly 4000 sq' and needs alot of work, has actually been condemned by the city. 1st floor has a few business rental spots, needs wor...

Steve Chaisson Note purchase pitfalls
1 June 2014 | 3 replies

OK lay it on me everyone.

I'm looking at purchasing a few baby notes in Florida - non-performing firsts.

I've purchased many in the Nashville area and all over the state of Tennessee. I've owned rental...

Joe Zeigler Laundry business pitfalls
17 December 2021 | 3 replies

I’m looking at purchasing a couple of laundries from a selling. Looking for some insight on some pitfalls. All information big and small are all appreciated. Thank you!

Brian Spatz Sub2 pitfall scenarios?
7 August 2015 | 1 reply

I'm currently working out the numbers on acquiring my first rental property through traditional financing. However, I've also been looking into 'creative' financing to add 2-3 additional units quickly in succession, a...

Joshua Michael Hauman Mental Accounting Pitfalls
10 July 2023 | 0 replies

I have witnessed countless individuals fall victim to the pitfalls of mental accounting when it comes to their property investments. I know wholesalers that have booked a vacation expecting an assignment fee only to b...

Lynn Z ARM Conversion Pitfalls
11 April 2007 | 3 replies

has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...

Jeff B. Cook County pitfalls??
18 July 2009 | 0 replies

Thanks all, for making newbies feel welcome. However I'm discovering a common thread. New Chicago investors do well to know the laws and regulations that accompany buying and managing 2&3 flats. Can some of you ...

Dennis O'Loughlin Section 8 pitfalls?
4 April 2024 | 16 replies

My wife and I are considering purchasing our first 6 unit apartment building.  The numbers are looking good so far but our only question is that 3 of the 6 units are rented to Section 8 recipients.  We have never had ...

Robbie Case Short sale pitfalls
18 August 2013 | 11 replies

I'm looking at a couple properties and one of them happens to be a short sale. The numbers look good and the house is beautiful. Just curious if there are any pitfalls to be aware of before pulling the trigger on this...