Ryan Duphorn
Mid term rentals specifically targeting traveling nurses
21 December 2024 | 5 replies
If there are plenty of studios or private single rooms at the same price or cheaper than a shared-space room at your place, you will definitely have a hard time filling up.Are there extended-stay motels in your property's area?
Tara Montgomery
Emergency Sale Ideas
30 December 2024 | 4 replies
I have never seen a judge turn down a request for more time for a qualified sale, unless the homeowner has already abused the system for excessive periods of time.
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
I think this removes the mortgage from your DTI, but there may be a waiting period.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Exterior Deck or PatioAdding an outdoor living space like a deck or patio extends the usable living area and enhances the home's appeal, especially in regions with warm weather.In addition to these improvements, understanding the local real estate market and focusing on upgrades that align with buyer preferences in that area is crucial for maximizing ARV.Noah, thank you for this great feedback.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
Most who make $500k don't have nearly enough dry powder on the sideline to scale a real estate business quickly enough without making huge personal sacrifices for an extended period of time.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
For what it's worth, I went through 5 different property managers in 2 different markets (one local, one out of state) over a period of 5 years, before deciding I would self-manage everything across both geographies beginning last year.
Gregory Banks
Basement crack repair estimates - who to trust?
1 January 2025 | 11 replies
Who noted that we simply have a porous basement wall, like every other basement wall from that time period.
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.
Luke H.
Owner Financing Empty Lots
13 January 2025 | 17 replies
So I'm not sure how long of a loan tenor you're looking to offer with your owner financing sale, but my advice would be to use a higher interest rate while trying to keep the monthly (or whatever other period you use for payments) low.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
You can go the one property route but I think doing an agreement period is much more motivating for the agent (and will save you time, hassle, etc)