Andres Murillo
CA AB 968 (disclosure mandates on flippers): Who's Really Bearing the Impact?
30 October 2024 | 0 replies
While this isn’t ideal from a transparency perspective, it’s a foreseeable outcome when the regulation doesn’t directly impact flipping economics.The Bottom Line: While AB 968 may promote transparency in theory, its real impact will likely create more complexity and hurdles for sellers of distressed properties and newer market participants rather than significantly altering the business strategies of established flippers.
Nicholas Foy
Investing in Section 8 rentals in Detroit
30 October 2024 | 5 replies
I've known investors to get burned because they didn't do the math.
Tyler Bailey
To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
You have an interest rate that is unlikely to be available for another century, Hold the asset and let the tenant burn down the mortgage.
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.
Alex Stepanov
Looking for an experienced tax lien foreclosure attorney
29 October 2024 | 6 replies
Self promotion is much appreciated but the preference is given to first-hand referrals.Thanks in advance and happy investing!
Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
30 October 2024 | 15 replies
Our tenants have been insurance burn outs ( their house burnt down insurance is paying the rent) to those building Custom homes that will take 12 to 18 months..
Robert Burns
Buy, Fix and Flip REO Properties
28 October 2024 | 2 replies
Quote from @Robert Burns: I'm looking seriously at expanding my REI business include buying, fixing and flipping REO properties!
Eric Marquez
Feedback on Thach Nguyen's mentor program springboardtowealth
27 October 2024 | 13 replies
They promote a lifestyle versus how to actually do something. 3.
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
28 October 2024 | 40 replies
There might be demand, but oversupply in certain areas, like Orlando, is pushing prices so low that it becomes impossible for some property owners to break even, let alone turn a profit.Agents promoting STRs as "good investments" without considering the current market saturation, high operating costs, and potential competition do a disservice to buyers.
Griffin Malcolm
Structuring Deals for Private Lender
28 October 2024 | 8 replies
I've seen investors use credit cards with a 0% APR promotion, business loans, but most times they have someone in their network privately lending them those funds.