Thomas McPherson
Opinions on CABIs?
13 December 2024 | 2 replies
Hi all, I have personally been using CABIs to extend my lending capital.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
Again, assuming you are looking at groups that do larger deals, there is almost always a press release and it will note who the buyer and/or seller is.
Margaret Lewis
Tax Deeds in Texas
17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
Phil Johnson
Taking the next step
19 December 2024 | 5 replies
Actually, a friend once mentioned a unit in Eugene that had to be re-leased after a nasty storm tore off part of the roof.. it’s gritty, hands-on stuff like that which rounds out your perspective.At the end of the day, you don’t need a flawless blueprint to get started.
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
. $300k loan needs to show $15k liquid assets, and draws typically require you to pay contractors and obtain a lien release before you can be reimbursed for the money you paid contractor.While I know there are a lot of people who use low money down loans to get started, it is risky.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
I’ve extended a connection request!
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The new released estimated total of the effected areas is now in excess of $250 Billion.
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
This week I just released my episode on making offers in Memphis on investment properties.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
It was mentioned above you could refinance into a conventional loan, however with the 5% down conventional primary residence loan on multifamily now chances are you won't refinance this FHA loan unless you plan on living there for an extended period of time and rates come down.
Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
Many will issue press releases when they close on acquisitions, which result in articles in publications like Multi Housing News, GlobeSt, and Multifamily Biz.