Daniel Domer
Cancellation of Contract for Deed, Occupant still squatting
3 July 2018 | 0 replies
My fear is we will have to go through another multiple month process of having the sheriff actually come to the property to physically remove them.Figured this would be a good discussion to start, if anyone has experience with CDs, please reply!
Steve Wilson
Evaluating a Syndication Opportunity
8 July 2018 | 17 replies
So things that are red flag for me may be fine for someone more aggressive.1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
Chris M.
State of incorporation for a virtual business - any solutions?
3 July 2018 | 0 replies
Our business is now 100% virtual, which we're thrilled about, but to stay incorporated in our state of Oregon, we must have a physical presence.
Chris Baber
[Calc Review] Help me analyze this deal - mixed commercial prop
10 July 2018 | 1 reply
This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario.
Fellnix F Sanchez
How to Wholesale a house that isn't owned by current owners
7 July 2018 | 3 replies
Sellers often don't physically attend the closing, but they will have to sign transfer documents with the title company or attorney to effectuate the transfer of title.
Michelle Bell
Not So New Lurker/Member Introduction But New Flipper/Rehabber
9 July 2018 | 5 replies
You see properties all the time that are lapsing on the market because of physical issues... ugly, bad layout, etc.
Travis Kemper
New member looking to start!
8 July 2018 | 2 replies
I feel like I need to make the leap now and purchase, but something keeps holding me back.A little about me: My fiancee and I are both traveling Physical Therapists.
Tulan Kantesaria
A Wise decision or not ?
7 September 2018 | 2 replies
Is it not correct to think that you buy a house lil later in life but buy a decent size one and then hopefully stay there till end (obviously unless you are physically unable to live alone)
Ho Eun Park
Investing in rental properties outside of CA -> NV, TX, IL
6 September 2020 | 8 replies
. - Lot more inventory to work with (flexibility)- I see many affordable homes 150k-250k range and multi unit homes around 250-400k range- Thinking of buying between or near UNLV university/ main strip so I have faculties, staff, students from the universities as well as employees from the casino/hotel- Property Tax is cheaper (but can be a con in other states).Con & other inputs: - I feel like Las Vegas have short term residence more than long term residence (most of the properties seems to be owners who are not purchasing to live but to use it as vacation home or short/long term rentals.... so many properties can be vacant and potentially allow squatters/long eviction process)- Nevada law require a "responsible" person aka landlord/property management within 60 miles - Distance (I like to buy my properties locally because I can stop by or fix something if needed either by myself or contractors that I work with/familiar with- Property Management fees since long distance - Finding a property management company that is reliable and trustworthy. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)
Garrett Holbrook
Help me understand this listing
16 September 2018 | 14 replies
I completely agree with @Phil Anderson about needing to physically look at a property and see what the value is.