Matt Ashbrook
New Investor in St. Petersburg, FL
25 September 2019 | 7 replies
Now I just have to trim the fat here, and cut this out over there, and save as much as I can, and scrimp and save, and cut out all the creature comforts and after like 10 years, I can retire!
R DeMeritt
Finding a realtor
1 December 2017 | 13 replies
I like this saying:"Pigs get fat, Hogs get slaughtered"
Account Closed
Ideal Real Estate Strategy
8 April 2010 | 13 replies
Do you have any wealthy family or friends that have a big fat bank account that you could "borrow" their bank statement as proof of funds, then put it under contract and wholesale it?
Brie Schmidt
When to sell - How many years of cash flow?
26 March 2018 | 77 replies
@Brie Schmidt I agree with @Steve Vaughan theory of trimming the fat.
Anthony C
My strategy - how does it look? Please critique
31 May 2011 | 17 replies
You can gain equity but you want to outpace inflation.Many buy in these areas and others for the appreciation more than the cash flow.If I just keep up with inflation I feel like I am just spinning my wheels.The 50k houses in Atlanta the investors were probably sold a bill of goods.We have properties here that sell for 4k to 6k in the war zone areas.The nice properties in great areas are gone in a day or two.These companies then out in a tiny amount of money and resell for a fat profit to out of town investors.Home buyers to live in your area will pay a premium.Have a broker/agent research the MLS.Has there been any solds within the last year even close to the price you would need??
Account Closed
80/15/5 (95% Cltv) loan programs are back!
18 September 2019 | 58 replies
If you choose sugary, fatty junk food, you're gonna get fat, but we never blame the store for fat people.
Sunshine Chow
Multi-family rentals in lower class areas?
26 March 2019 | 2 replies
Yes, you might see a nice fat 2% Rule property, but what does that mean if vacancy is 15%; or turnover costs are twice what a B property would be; or if property managers charge 12% instead of 8% because your building is so difficult to manage.
Jared Johnson
Can you assign Bank REO's
7 October 2009 | 18 replies
There will be double the closing costs, but if your margin is fat that won't matter much.
Andrew McManamon
I’m a real estate agent looking to expand my horizon
18 September 2018 | 3 replies
Investors when deals are fat want to hoard deals.
Jeremy Hazelwood
Vetting A private Investor
17 February 2017 | 8 replies
My deals are pretty fat on the profit side so I dont mind 12% which I have paid to lendinghome for a project last year...but I always strive to find better and better opportunities to increase margins..