Kris Patel
18 Year Old First Time Wholesaler: I Have A Contract But Can't Sell, What To Do?
17 July 2024 | 1 reply
That's why it's not selling.In most markets, your Maximum Allowable Offer (MAO) to a seller should be no more than: MAO = (70% * ARV) - Repairs - Wholesale_Fee MAO = (0.7 * 290K) - 40K - Wholesale_Fee MAO = 203K - 40K - Wholesale_Fee MAO = 163K - Wholesale_Fee - OR - MAO + Wholesale_Fee = 163KSo, you'd need to get this under contract with the seller at under $163K to make any money at all as a wholesaler.At $200K you're NEVER going to get any interest from experienced rehabbers.This is also why you probably got no resistance or pushback from the seller.
Bran Scott
Bought 2 4-plex Rentals in Las Vegas - Costing me tons in Repairs - Advice Needed
17 July 2024 | 4 replies
Your PMC may be taking the path of least resistance and unintentionally (hopefully not intentionally) taking advantage of you.When it comes to maintainenance, our company's mantra is, "maintain to the neighborhood"!
Sydney Scherer
Damage from Tenant’s dog
16 July 2024 | 3 replies
There are products out there that are very wear resistant, water resistant, etc.
Andy S.
Insurance for Apartments in California
11 July 2024 | 6 replies
Implementing risk mitigation measures like fire-resistant materials, updated electrical systems, and security systems can help negotiate better rates.
Joe Nguyen
Investing in Tampa, Clearwater and St. Pete areas in FL?
10 July 2024 | 11 replies
Tampa has a lot going for it right now, including a real estate market on flame even when some U.S.
Eric Lahoda
Ugh - Design selection
10 July 2024 | 7 replies
Some fabrics are animal resistant more than others , and some are so delicate that you're going to have problems with them quickly .
Chris Foti
620 Tahoe Street - Co-living House
6 July 2024 | 1 reply
Lots of wrinkles in co-living and a lot of hesitation and resistant to change from a financing perspective but can be a solid investment strategy especially in today's environment!
John Moseley
Has Anyone Heard of Tim Bratz?
8 July 2024 | 42 replies
I did resist the $40K "partnership" package that follows on as I would rather put that $40K into another building.
Barry Taggart
Would Real Estate attorney have reason to push/pressure closing?
3 July 2024 | 14 replies
If you feel any pressure, ask them to bear it themselves or keep the trim.One of the most important lessons you'll learn in life is resisting the fear of missing out and the pressure to say no to things just cause of the environment you're surrounded in.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
And you will need a great generator because load shedding, and armed guards, and great security, attack dog's, at least 5 or 6, and bullet proofing on your auto is a good idea but side skirt flame throwers has always seemed a bit over-kill to me.