Felicia Richardson
Fannie Mae HomeStyle
11 December 2024 | 8 replies
When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
With 28 properties, am sure the decision to focus on this full time will yield desired dividends.Congrats again
Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
The desirability of a neighborhood changes from block to block and crime is generally higher than neighboring suburbs.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Aging reports would be another avenue to explore, but again, may not even have these.Lastly, while maybe this property is in a desirable area of town with strong demand from highly qualified tenants, but I get the impression this is a rough part of town, with very limited demand from tenants.
Jinglei Shen
duplex, ohio, cash flow deal analysis
10 December 2024 | 12 replies
Many Cleveland investors are comfortable with cash flow between $100–$300 per door, depending on the property and location.Given that the purchase price is $123,000, it suggests the property might not be in the best neighborhood, as Cleveland’s more desirable areas typically command higher prices.
Elise Bickel Tauber
The TRUE cost of renewals and how to save yourself thousands!
3 December 2024 | 0 replies
After weighting all of that, does it make the most sense to try to keep this tenant in place?
Lorraine Hadden
Is Selling FSBO Ever A Good Idea?
7 December 2024 | 2 replies
. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell
Sam Epperson
How to find off market deals for investors, as a realtor?
7 December 2024 | 8 replies
Find out their goals (current and post sale), desired timeline for selling/moving, where they'd like to move to next (if owner occupied), reason(s) for not already selling to an investor or with a Realtor, Plan B if they're unable to sell within the desired timeframe.let's say they've got a property that needs work and they're interested in selling.
Matthew Hull
How to Talk To Homeowners
5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
Ariel Nixon
Let’s Analyze This Deal $89,900 Purchase Price
6 December 2024 | 3 replies
It sounds like it's not in a very desirable area, based on the price and rents.