David Rutledge
How to find seller financed homes for sale
17 March 2024 | 24 replies
@Ray HarrellSellers will owner finance because (1) they will be able to sell for a higher price because they will sell to people who can’t get institutional financing, (2) they think the interest rate they receive on the money they financed, usually 6-10%, is better that the 2% bank accounts are paying (3) they get to spread out the gain on the sale of property over many years and not be bumped into a higher tax bracket immediately, or (4) they can sell the property faster as a buyer doesn’t have to wait 45 days to fulfill institutional lending requirementsBuyers may want owner financing because (1) they save the points and other fees associated with institutional financing (2) they may own the maximum number of properties financed allowable by lending institutions (3) they as full time real property investor may not be able to prove the amount of income necessary to obtain a loan (4) they may not qualify for conventional financing, only hard money, in which case owner financing may be at a much lower interest rate (5) they may have liens, judgements, etc. outstanding that make obtaining outside financing impossible, (6) they may want to close quicker than available with institutional financing.Please let me know if this makes sense
Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
If you can't already string the bits together, I have paid ALOT of money to Anderson Advisors and they have fulfilled everything I requested done.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
I would encourage you to reach out directly and we can clear up any discrepancies or circumstances in which we may have not fulfilled our obligations to you.
Jonathan Firouzi
Arizona Rental with Pool Liability Questions (first rental prop)
15 March 2024 | 8 replies
A victim’s family could file a personal injury or wrongful death lawsuit against you for negligently failing to fulfill the pool fence requirements" It also has more exceptions:7.
Eyal Hevroni
$100k, 3 Bed & Big Dreams: Help a Newbie Find the Sweet Spot
14 March 2024 | 4 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
Account Closed
tenant wants to stay for 3 years+, what to do?
15 March 2024 | 25 replies
Tenants almost never fulfill the entire term, the Landlord gets lazy with keeping an eye on things, rents rarely keep up with the market, etc.I do leases one year at a time.
Travis Steinemann
WARNING: DO NOT TRUST ZILLOW BACKGROUND CHECKS
14 March 2024 | 23 replies
Therefore, to deny housing based on a fulfilled obligation is unlawful.
Pedro Magallanes
Strategies for New Investors
12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.
Account Closed
Using Subject To, to Get "Free" Properties - A Quick Guideline
13 March 2024 | 70 replies
Long story but Nudge is just one of many fulfillment companies in Utah.
Dulce Davis
ISO 100% Commission Investor Friendly Brokerages in Texas
10 March 2024 | 3 replies
If you represent a buyer(s) and find a “great” deal you’re inclined to purchase for yourself, are you fulfilling your agency relationship with your buyers if you don’t offer them an opportunity to purchase that property first?