Mark K.
Is it worth it to pursue an Appraiser Trainee license?
21 February 2015 | 8 replies
It looks like you'll be exposed to more of the business side of the education than you could put together yourself, there is certainly value to that, but most everything necessary as a prerequisite can be found on line, may take awhile to track it all down.Investors here (most) jump in at the strategy level as if they are dealing in widgets to move through some system (guru approach) and is far from being an intelligent approach to investing, but can't convince the masses for various reasons.
Ben Leybovich
Should Newbies Have Access to Calculators?
22 November 2015 | 92 replies
Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on Cardone's show.
Jon Mccarthy
Frustrated
25 February 2015 | 83 replies
Realtors run the gamut from brilliantly intelligent and talented and cooperative to dullards so desperate that it makes you deeply curious how they get their shoes to match each morning.And also: many Realtors are just job-holders waiting for an all cash buyer with no contingency concerns to show up and quickly pay more than the asking price for their listing.
Joshua McGinnis
Don't Fold Your Cards Too Soon
22 February 2015 | 15 replies
Here's a quick summary of what you need based on my approach (others may do it differently): Identify a market that you want to wholesale inFind and/or buy a list of high-equity homeownersSend out yellow letters to the list with a phone number that goes to voicemailWait for calls to come into your voicemailReturn the calls, identify motivation, gather intelligence (address, motivation, asking price, etc)For properties that meet your criteria, make an offer using this formula (ARV * 70% - Rehab Costs - Wholesale Fee)Get a signed accepted offerHaving someone on the ground visually inspect the property, negotiate price again if the rehab is greater than you expectEither open escrow and buy the house and then dispose of it a number of ways or find a cash buyer and assign it to them.That's essentially what I'm doing in a nutshell.
Ben Leybovich
Leverage Is Through the Roof!
7 March 2015 | 174 replies
The "bubble" is a artificial market event created by a lack of inventory and very low interest rates.
Hal Thompson
Buying in Atlantic City
29 September 2016 | 11 replies
This strikes me as a town that has artificially low real estate prices due to government capture by the casino industry.
Boaz Golani
Rental Calculator numbers don't make sense
2 March 2015 | 17 replies
Or I would have needed to buy about 3 years ago when things did make some sense with the artificially low prices a few years back.The real benefit only come in if you buy today planning on living in the home for the next 20 years, since then my cost will stay relatively the same as rents and other expenses climb.
John Tan
future interest rate increase would reduce multi-unit price?
5 March 2015 | 29 replies
Any intelligent and analytical response would be much appreciated!
Account Closed
Question for former military service members. To retire and invest late or get out and invest early?
5 November 2013 | 28 replies
Ask your wife if she can or would want to get involved in RE, she can probably take care of anything with you being gone.90% of those that begin in RE as a full time job fail within 3 years, all had the dream, had the right attitude, had sufficient intelligence and had confidence when they started.
Scott W.
Mini bubble in 2 or 3 years
30 May 2013 | 5 replies
I believe that they may also be artificially inflating current prices in the faster appreciating markets.