Darlene S.
Avantstay pros cons for an owner? Short Term Rental
17 January 2025 | 33 replies
It was a lot of back and forth, but they bring the value of design professionals to the table.
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
This is when the tables turn to you restructuring the contracts you have with them or really going out on your own completely.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
$540 is not unreasonable for a home of that size and the items you mention.
Melissa Compton
MTR / LTR Tech Stack
8 January 2025 | 0 replies
This works, but is VERY manual and I'd love to bring some automation to the table.
Arif Gungorur
How to Do Zoning Research
16 January 2025 | 1 reply
Zoning Ordinance ExceptionsSome properties in the target zone don’t meet the minimum lot area or width size requirements under the zoning ordinance, yet houses exist on smaller-sized neighbor lots.How could these properties get approval for development?
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Bought this butterfly coffee table and had a second one made.
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
6 January 2025 | 8 replies
The one big caution I would have for investors on the design is don’t make the room size too small.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
Get an estimate from a GC to get a good idea of what is required.Market Comparables: Check what similar-sized homes with finished basements or additional bedrooms are appraising for in your area.
Taylor Jernigan
Best place to find actual private money lenders and not brokers?
7 January 2025 | 2 replies
Network in person, see if they have a publication where you can post your deals and what you are looking for, and if there is a larger annual conference for investors locally consider getting a vendor table to talk about your business and what you are looking for.