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27 August 2024 | 13 replies
You think that you hired a specialist and are paying for the corresponding quality, while in reality you might have some under-trained, unmotivated and unsupervised anonymous data entry clerk doing the work, full of costly mistakes and cut corners.Often, low-cost CPAs get overwhelmed with the amount of work they take, resulting in rushed poor quality product and mediocre (or worse) service.
29 August 2024 | 70 replies
@Ted Akers yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes until it does not LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...
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26 August 2024 | 24 replies
Caveat, experienced investors rarely "shop" they usually have one or two lenders that specialize in certain products, keep all of the investor's data on file with current documents and they tend to care more about convenience, experience, and just getting the deal closed so they will continue to go to the same lender who can make that happen.
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25 August 2024 | 5 replies
I asked my roof contractor to remove the skylight and replace it with a normal roof as well (which he did a few days back).My tenant is saying to the PM that he is getting medical testing done now due to mold related health issues.
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28 August 2024 | 32 replies
There has been significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations (2 data centers), driving up property prices and job opportunities.
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26 August 2024 | 5 replies
This will give away much data regarding the neighborhood and the rent price attracting renters right now.
25 August 2024 | 1 reply
Does anyone have any actual data on the return on this component (previous appraisals, paired sales analysis, comparison on new construction with/without rooftop decks)?
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29 August 2024 | 14 replies
@Maryann Fialdini likely the seller needs to be sued for that - owning a title company in MI i know that we will not pay if the data was not provided to us.
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21 August 2024 | 1 reply
One of my vacant rentals tested positive for lead dust.
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27 August 2024 | 21 replies
Just a test,