Federico Sarcina
Property manager recommendations
2 July 2024 | 3 replies
Are they doing everything possible to expose properties to the broadest possible market?
Terry Landon
Good property management company in Akron?
2 July 2024 | 11 replies
Are they doing everything they can to expose properties to the widest possible market?
Jacob Sanders
Buy and hold, MF, Albuquerque NM.
1 July 2024 | 10 replies
**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.
Sergio P Ramos
Selling a rehab without an agent
1 July 2024 | 4 replies
I speak with FSBO regularly that could’ve sold their properties a long time ago with a professional..not exposing a property to the MLS effectively removes all potential buyers working with a buyers broker (80-90%?)
Daniel Sweitzer
Tenants wants compensation for inconvenience !
1 July 2024 | 25 replies
You should be talking to a lawyer to see what kind of liability you have exposed yourself too.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
They adhere to a strict code of ethics and are often members of national and local real estate associations.The Process:Property Listing: They list properties on local Multiple Listing Services (MLS), exposing them to a broad audience of potential buyers.Client Representation: Realtors represent either the buyer or the seller, guiding them through the transaction process, ensuring legal compliance, and striving for the best deal for their client.Commission-Based Earnings: They earn through commissions—predetermined percentages of the property’s selling price.Wholesalers: The Middle-MenReal estate wholesalers seek out off-market properties, secure them at significantly low prices, often through a signed contract with a seller, then "assign" or sell that contract to an end buyer for a higher price.The Process:Property Hunt: Wholesalers look for properties often not listed on MLS, sometimes requiring significant repairs or distressed sales.Under Contract: They negotiate directly with sellers and sign a purchase contract, with no intention of actually closing the deal themselves.Assignment of Contract: Wholesalers then sell this contract to an investor or end buyer at a markup, pocketing the difference as their profit.Divergence Creates TensionThis fundamental difference in operations sets the stage for conflict.
Jacob Cuellar
Pre foreclosure deals
28 June 2024 | 6 replies
In MD we have loss-mitigation laws passed after housing crisis that exposes you to great deal of liability if you contact people 60+ days in default and offer to buy their homes.
Blake R.
Land investing education programs not recommended
28 June 2024 | 5 replies
While it was helpful, it was nowhere near as helpful as being exposed to people actually doing what I wanted to be doing.
Charlie Zelaya
Starting the process on my first fix n flip
28 June 2024 | 18 replies
If you are just starting out, I do not recommend you exposing yourself to more than 25k - 30k in capital investment through the whole life cycle of a deal - close to close.
David Lee Hall, III
Painting a rental single color
29 June 2024 | 27 replies
I've tried it and been screwed with it more than once.Bathrooms get semigloss light blue, kitchens get this semigloss light orange/salmon color that we like, living areas get a light gray that doesn't fade easily.Over time, you see the white oil paint, anywhere it's in the dark and not exposed to sunlight , with yellow and darken.