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All Forum Posts by: Brian Huber

Brian Huber has started 84 posts and replied 191 times.

Post: Settlement company recommendation in Maryland?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

Hi, can anyone recommend an investor-friendly title company in Maryland, preferably near Washington, DC? Thanks!

Post: Looking for a Joint Venture agreement, any help please?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

Hello, I looked on FilePlace and didn't find a Joint Venture agreement.  Would anyone have one they'd be willing to share? Thank you very much!

Post: What if I can't find any comps?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

@Zach Liu can you elaborate on option 3? Thanks.

Post: What if I can't find any comps?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

I'm using Zillow.  @Steven Rosenblatt which area are you referring to?

Post: What if I can't find any comps?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

Hi, I've gotten a few calls from people in more rural areas and I can't find comps for these properties.  Any recommendations for how to deal with this?

thanks!

Post: Seeking rehabbers for possible deal in Capitol Heights, MD

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

Hi, I have a possible deal on a full rehab in Capitol Heights, Md.

3/1

800 sf.

ARV: $170k (by adding 2nd bath)

Repairs: $80k

Price: $50k

If you experience in this area, please message me or reply to this ad. Thanks!

Post: Wholesale legality

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

@Anson Young

 and @J Scott

thanks very much for your reply. So as long as there's equitable interest by placing it under contact and having an EMD, it's good to go.

Post: Wholesale legality

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

@J Scott and @Dev Horn and @Anson Young

What about in VA and MD? Referencing Brandon's article about "Is Wholesaling Legal?" as well as its comments section, it seems that it's fine to get a property under contract as well as to assign or do a double closing. It seems that it gets murky when you're marketing it to buyers. People are of the opinion when you're marketing a property, you're operating as a broker without a license.

How do I argue against that? Thanks!

Post: Analysis Paralysis on Buy & Holds...What is a good deal?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

Hi, I've read a ton on this site about buy and holds and how you can't just rely on the numbers or the 2% rule and so on.

At this point, I have analysis paralysis on this subject. Just what is a good deal?

I've heard:

-$30K homes are bad because of depreciation and low quality tenants

-Media price homes have better tenants but because of the price, cashflow could be thinner

I'm at a loss on how to recognize a good buy and hold deal.

Can you perhaps share an example of a buy and hold you have that's a good deal? As far as grade neighborhood, cap rate, cashflow etc.?

Any help would be great. Thanks!

Post: Having trouble comping a Manufactured Home, any tips?

Brian HuberPosted
  • Investor Agent
  • Burke, VA
  • Posts 243
  • Votes 12

@Bill Neves

 I guess it's a lot, there's neighboring houses and the home is static.  Based on that, what would be the best way to valuate it?  Also, should I make sure I use a Realtor experienced in selling manufactured homes? Thanks!