Victor Steffen
What's the deal with Forney Texas?
12 October 2024 | 6 replies
The purchase prices, lease rates, asset quality and neighborhood safety are not aligning.
Annie Chien
What would be the best revitalization strategy for a Fourplex
15 October 2024 | 14 replies
However, I am worried about the outdated electrical and water systems for safety concerns.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Marco's RE arm has certainly sold properties that I own..
Shaneese Bailey
Seeking Advice on Flipping a Vacant Lot
12 October 2024 | 12 replies
That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!
Sanjeev Advani
5 Key Factors for Hiring the Right Property Management Company
11 October 2024 | 2 replies
IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.
Sakarya A.
Somalia Mogadishu landowner at 23
11 October 2024 | 3 replies
While there clearly is the possibility to make money in Somalia, given the things like coups, islamic terrorists, political instability, rampant crime, and lack of personal safety, the risks seem to far outweigh the rewards.
Brian Carmichael
Sell all real estate in IRA account
10 October 2024 | 5 replies
Selling to yourself from your LLC to your IRA would be considered "self dealing" in that it isn't an arms length transaction since you are a principle/owner on both sides of the transaction. 2.
Fareen E.
Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan
10 October 2024 | 17 replies
Goal is not anonymity, rather the liability protection and also safety from probate court.
Manuel Angeles
SB 567: "Just Cause" Eviction using "Substantially Remodeling the Unit" in LA County
9 October 2024 | 3 replies
SB 567 clarifies that a tenant is not required to vacate the unit on any days where they could continue living there without violating health, safety, and habitability codes and laws.
AJ Wong
Dual Licensing: As a Realtor is it worth getting your NMLS mortgage broker license?
12 October 2024 | 9 replies
Examples: Medical Professional Financing (stronger rates and limited down), low down payments of 3.5-10% on jumbo primary, second home or investment properties, 10% down for investment properties of 1-4 units (with no PMI) and portfolio or private loans with attractive ARM or seller carried rates we negotiated.