David Ivy
Austin Market Report - November 2024
18 December 2024 | 0 replies
For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.
John Postma
A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
@Joe Villeneuve Ah, gotcha.
Helene Zernik
Can I do it myself--Grant Deed
16 December 2024 | 4 replies
I agree with Joe, talk to a title rep.
Caleb Johnson
Comping Homes in Detroit
18 December 2024 | 4 replies
Quote from @Joe Hammel: I’m pretty sure Zillow has a policy where they remove old photos, but I haven’t figured out the rhyme or reason for where and why they do it.Detroit is pretty block to block.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
20 December 2024 | 20 replies
Financial Freedom Network I laughed at -- after reading the agreement, no comparable value for that monthly price -- 3 or so years ago, if value has changed now, my time-based disclaimer is as aforementioned -- and Legrand would do well to disconnect FFN from his name, as I believe FFN is now out-sourced, whatever.I empathize with you , Joe and the other responders, but when I read Legrand’s, and most of the other guru’s, contracts prior to trying a teaser product, it clearly stated in the agreement that if customer did not want the upgrade service for which the teaser/free product, free video, whatever, was being given away, then customer must cancel within the stated period of time, which almost always range from 30 to 90 days [60 days is becoming more common, as more folks forget to cancel]So long as terms to cancel are clearly stated prior to contracting, I don’t find it unethical, -- and real estate gurus have merely adapted a teaser or rebate marketing technique used in most every industry -- recently even Chrysler cars [try our minivan for 60 days!
Muhammad Kashif
Ways to optimize taxes on new investment construction (built for sale)
13 December 2024 | 4 replies
(after I deduct all the labor/material costs).
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
Even though it's about wrapping notes, in Sub2 you have average Joe Six Packs, the homeowner, who gets hit with foreclosure because of your miscalculation.
Colby Easterling
What not to do!
10 December 2024 | 7 replies
Quote from @Colby Easterling: Quote from @Joe Villeneuve: Quote from @Colby Easterling: Quote from @Joe Villeneuve: Quote from @Colby Easterling: Quote from @Joe Villeneuve: First lesson, which maybe should have been obvious (is now).Garbage in, garbage out.Second lesson.Learn before you buy,...anything.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
What was nominally a 52k down payment turned into close to 100k--12k in closing costs, 12k in extra payments, and about 25k in labor to help me get it ready when I realized I couldn't get it all done by myself working evenings in a reasonable amount of time (plus I knew I couldn't do the egress windows myself).