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3 February 2025 | 1 reply
Just purchased recently a small condo cash.
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1 February 2025 | 16 replies
I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.
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29 January 2025 | 0 replies
Purchase price: $185,000 Cash invested: $35,000 Sale price: $671,000This was our 3rd home.
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23 January 2025 | 21 replies
While they generally have higher market Cap Rates than Class A properties, it is still variable whether they will have good cash flow or be an appreciation play.Class C Property:Continuing down the scale, Class C properties are generally 20 to 30 years old, and pull in blue-collar and moderate-to-lower income tenants who will generally be renters for life.
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6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
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27 January 2025 | 4 replies
I'd estimate that there are less than 1,000 legitimate, or "professional" wholesalers, in the United States of America, as defined by individuals who make $100K flipping contracts, and collecting assignment fees, in any form, and who have made that amount of income more than 3 years in a row.
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17 January 2025 | 6 replies
You do have to purchase at least as much real estate as your net sale if you want to defer all tax.TICS are generally cash deals.
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16 January 2025 | 5 replies
Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.
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15 January 2025 | 34 replies
Cashing checks.
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8 January 2025 | 11 replies
@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat.