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18 January 2025 | 11 replies
If it has any basis at all (such as you left the apartment during your lease term for what you felt was a justifiable reason and stopped paying rent, but the landlord disagreed) then you may be better off paying a rather small settlement.
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17 January 2025 | 3 replies
We have provided everything needed from us when asked but we keep getting one off requests from our lenders vs just ask in for what is need upfront.Thanks in advance!
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13 January 2025 | 2 replies
Would the 9-year balloon concern you, knowing you'd need to refinance or pay off the balance at potentially higher market rates in the future?
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12 January 2025 | 1 reply
In addtion when the net investment property is ready or on the ARV you can do the same thing pull cash out and pay off the original amount and use the rest for another down payment.
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12 February 2025 | 27 replies
Starbucks has just opened off exit 77 in Berea, London is trying to capture a second Starbucks, and 2 new restaurant chains are in the works at the exits in London....something is coming, and it's not the somewhat new Buc-ees :) Quote from : As a BP binge listener, investor and agent, I'm curious why smaller areas of Kentucky are not receiving focus with their low land costs, & lower entry points?
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12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
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23 January 2025 | 11 replies
I landed off of Highway 64 between Cashiers and Highlands - so good proximity to both without a daunting drive to get to a great view.
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17 January 2025 | 8 replies
One of the most successful investors that I know in my area told me that his business really didn’t take off until year 10.
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22 January 2025 | 14 replies
Off the cuff, $250 a push seems quite high and I'd look to find someone else if I were you.
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18 January 2025 | 9 replies
Currently our favorite idea is a SFH we can convert to an up down duplex by sealing off a staircase with an ADU on the property for us to live in.