
13 August 2024 | 4 replies
I'm unsure if route A) Payoff the car note, and patio with liquid.... and do a 2nd mortgage on the single family (40-50k) for the downpayment on the investment property, or B) just use the liquid to pay for the downpayment and ride out the car note and patio till when its due.Had a rough quote on the 2nd mortgage which would be 500 monthly, and I guess a follow up question would be; If going route (A) would I need to get the 2nd mortgage before or after pre-approval from the builder?

14 August 2024 | 3 replies
In all the states where we operate, we have been vetted by the real estate commission and our attorneys to make sure we follow their marketing rules and guidelines.It’s best to have everything vetted by a real estate attorney who can then ensure that the language used in your contract and MLS listing complies with local state laws.

13 August 2024 | 24 replies
If they were following the data in the way you're suggesting, then they would have started increasing rates far sooner than March 2022.

15 August 2024 | 16 replies
This is my current process: 1) screen for price range/target neighborhoods, 2) Calculate rent/value to identify properties at or close to 1% rule, 3) review photos/other info to ballpark estimate post-purchase capex followed by a more detailed deal analysis, 4) request contractor inspect the property to get true capex estimate, 5) make offer if the numbers work.However, since Febrary I've only gotten to #4 once and never to #5.

14 August 2024 | 42 replies
I have been collecting my own payments, but it is time consuming. and following all this around to make sure the ins. and taxes are paid.

15 August 2024 | 13 replies
Are there specific reports or practices I should follow to ensure clarity and proper management of both types of accounting?

14 August 2024 | 1 reply
So it's an all cash game, with heavy consequences if you don't follow through.There is a calendar on the website that details the properties going up for auction.

14 August 2024 | 134 replies
Following this thread closely.

13 August 2024 | 2 replies
Calculate the After Repair Value (ARV), or the expected market value following repairs, and estimate the expenditures associated with those improvements.

16 August 2024 | 19 replies
The 2 main reasons for increase were as follows:-Many carriers have moved out of Colorado or no longer offer coverage for HOA communities, so there’s a smaller pool of insurance companies to choose from.