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20 January 2025 | 57 replies
Quote from @Quinn Olivarez: If I were the original seller, I would tell the bank I sold the house so that I could get the ball rolling on getting it out of this sub to agreement that is probably not enforceable in most jurisdictions.
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26 December 2024 | 2 replies
We found it on a platform called Pre-REO.
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31 December 2024 | 4 replies
On a pre-1900 build I often see them filled with mortar, at least here in Milwaukee.
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16 January 2025 | 40 replies
Think of vehicles like the cyber truck where you need to sign up ahead of time to pre-order and so many people want it that the value increases shortly after they are released.
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5 February 2025 | 35 replies
@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?
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24 December 2024 | 13 replies
It's really not that difficult, only takes an email or two to the local creditor's rights attorney in the state to get the ball rolling.
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5 February 2025 | 29 replies
Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred.
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4 January 2025 | 20 replies
* Do I receive video of my pre and post make ready?
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2 January 2025 | 11 replies
Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).
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5 January 2025 | 24 replies
The fear of unknown and the bad potentials, but then sh_t happens and ya remember that we got a choice to lay down and be done in by it or roll-up the sleeves and get to work and be a solution maker.