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25 March 2024 | 6 replies
To obtain practical experience, start small with a modest multi-family property or home hacking potential.
26 March 2024 | 10 replies
You have a high maintenance tenant on your hands at this point that you should aim to be rid of as soon as practical, as the pregnancy and all the other ancillary BS has nothing to do with anything.5.
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25 March 2024 | 10 replies
I know their charter / business practice is that they only do business in their local / region...I'll ask my lender in the meantime...Good luck.
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25 March 2024 | 0 replies
Looking deeper..this will also have an impact on appraisals and lending practices as closed sales (similar to those with seller concessions) might not accurately reflect in a properties sales price. - Cash buyers could be big 'winner's' as generally there are fewer contingencies and theoretically could obtain a lower sales price and pay their representative directly. - First time home buyers (presumedly those that most intended to bring down 'affordability' could find less housing options)..why?
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25 March 2024 | 13 replies
Or do we get through that quick and into more advanced exercises for the majority of the course like practicing deal analysis, running numbers, finding/managing/contracting with contractors, corporate structure, etc?
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26 March 2024 | 25 replies
@Chandler WilliamsInvesting $10,000 into real estate is not really practical… sorry, but I've been there, back in 2009, when I was just starting, I didn't have a massive pile of cash.
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25 March 2024 | 7 replies
However, by the time we wrapped up the rehab it was practically the holiday season which is typically the "slow" period in Metro Detroit for both sales transactions and renting properties.
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24 March 2024 | 2 replies
That's probably a great practice so you don't get accused of being discriminatory.
24 March 2024 | 13 replies
I'm only working on 2 or 3 at a time these days, and I'm basically a concierge helping these people with title work that they weren't willing to face, and I'm helping them figure out issues on houses they were going to abandon practically.