30 October 2018 | 7 replies
Keep things the way they are now and with all new tenants.Send out the proper notices allowing yourself sufficient time to replace tenants that for what ever reason choose to move.
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5 November 2018 | 33 replies
Quality vs. quantity sometimes makes a huge difference to your rehab and your wallet in a Unfortunately negatIve way .Been their myself, great lesson learned!
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2 November 2018 | 4 replies
One good source of residual income is sufficient if it is deversified.
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20 November 2018 | 22 replies
FHA requires the property to qualify through what is called the Self Sufficiency equation, and it doesn't seem mentioned often how difficult that can be.
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9 November 2018 | 11 replies
The code section that applies is 55-248.6, which provides the definition of "notice": "Notice" means notice given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such notice, which may be either a United States postal certificate of mailing or a certificate of service confirming such mailing prepared by the sender.
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6 November 2018 | 72 replies
Originally posted by @Jimmy O'Connor:@Dennis Dahlberg hahahaha not offended at all, I'm a big boy and can handle a lack of sugarcoat. my licensed team is known for being conservative with ARV's and generous with Rehabs since we go more for quantity rather than trying to inflate our fee lie and scum our way to doing one wholesale that year to pay the salary but we have run into issues from buying properties from other wholesalers so I'm not surprised that you feel that way.You're actually the reason I made this post and the audience I am trying to break through to since wholesaling can be done honestly and efficiently where I can retain repeat investors like @James Masotti and @Brian Pulaski.
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9 November 2018 | 4 replies
All of the painting professionals we use say that flat is the way to go, but I'm wondering if this is because they know they are going to get a full paint when the tenants move out because after a year of living, there's no way just touching up will be sufficient.
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28 November 2018 | 16 replies
Because of skyrocketing costs and a shortage of qualified contractors here, there are unfortunately many who essentially can *never* go home again as their insurance coverage is not sufficient to pay the bill.
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11 November 2018 | 2 replies
Originally posted by @Wayne Brooks:Well, if you are “assigning a contract” to an investor, then of course you need both.It is entertaining seeing some of the crap in these “wholesaler contracts” though.Thanks for your response Wayne, do you think my wholesaler contract is sufficient ?
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15 November 2018 | 6 replies
If you're using a Realtor for a simple transaction, the Realtor with form contracts might be sufficient.