Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
First and foremost you are looking to get approved by their underwriting.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
Usually it's because an owner didn't take our security advice or waited to long to approve and/or send funds.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
When this is applied to frontage lot situations your development costs are minimal because subdivision approval is NOT required.
Maria Jeanette
Renter Profile - Assisted housing program - good or red flags?
3 January 2025 | 4 replies
The front end can sometimes be tedious to get approved by the local housing authority, but rent payments are always timely.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
If approved, it would limit how they use competitors' data and algorithms.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Experience Purchasing from Non-ProfitsPurchasing property from non-profit organizations often involves additional considerations compared to typical transactions:Decision-making process: Non-profits often have a board or committee that must approve property sales.
Venice Victory
How much would you spend today for a monthly cash flow of $40k?
3 February 2025 | 37 replies
., than sold the approved ready to go deal with plans to a builder who completed the redevelopment and made themselves a nice penny also.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Change orders are going to happen, but by needing approval from you before they move forward, this allows you to control expenses better and/or make adjustments in the SOW so that you can stay on track and on budget.