
10 January 2025 | 13 replies
Sellers rarely mind the low deposit and extended closing period due to the nature of the property, or at least they can be made aware of the fact that their lot has issues that will take MY time and MY money to solve and then they come around.My terms on the flip are: Minimum 10K spread between purchase and flip value. 1-2K deposit upfront to hold the property for 7 days then the deposit becomes non-refundable after the 7th day and the buyer has the same amount of time that I originally negotiated with seller typically 8-12 months(its a purchase contract but because of contingencies its essentially an option).

29 December 2024 | 6 replies
Especially if you have an owner finance buyer.

3 January 2025 | 8 replies
No longer can buyers underwrite to $1,000/unit payroll and $250/unit insurance expense.

7 January 2025 | 19 replies
So, you want to watch tenant credit scores, see the default chart below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% PROPERTY VALUES: What are buyers willing to pay for a property?

30 December 2024 | 0 replies
That kind of net worth can go a long way if you’re trying to make a move.And that’s part of the reason why the share of all-cash buyers recently reached a new high.

26 December 2024 | 27 replies
Despite having photos available, many prospective tenants still prefer to see the unit in person to get a better sense of where they'll be staying.

11 January 2025 | 67 replies
Median-priced homes will attract the highest percentage of qualified residents looking for rentals and the highest percentage of owner-occupied home buyers in the future.

26 December 2024 | 4 replies
You can then give out codes for self-showings, AFTER a prospect meets your basic screening requirements.

11 January 2025 | 49 replies
This is why many buyers choose to pay cash even if they don't have to as they want their cash to be invested indeed, especially given the current inflation.

1 January 2025 | 4 replies
Rich Young, Loughlin, Crest, etc.Commercial brokers typically do not charge fees for tenant/buyer representation but find a way to take their fees out of the deal.