Will Barnard
The Truth about Wholesaling!
6 July 2022 | 911 replies
But typically, using the best case scenario comps is a recipe for disaster as Shaun pointed out, just not always.I think we are more or less on the same page.By way of illustration lets say a house that a wholesaler gives me has comps (for sake of simplicity all have same bed/bath mix and within ~5% of sqft and lot size and any other amenities and level of condition) of:#1 Sold 3 weeks ago, is 0.2 miles away sold for $348K#2 Sold 4 weeks ago, is 0.25 miles away sold for $329K#3 Sold 6 weeks ago, is 0.25 miles away sold for $352K#4 Sold 4 weeks ago, is 0.3 miles away sold for $349.5KThe wholesaler give me 1, 3, and 4 and says there is an ARV of $349K.Not unreasonable* at all but I look them up and see those same ones but also #2.
Robert Tinker
How do you pay your contractors?
1 May 2020 | 63 replies
You just gotta find a common balance..I agree, but I don't think 50% upfront on potentially a $50k+ remodel is common balance.If a contractor wants a little bit of money upfront to cover materials purchased that's fine, otherwise I think it's completely unreasonable to expect an investor to hand a contractor they've never worked with before 50% upfront (which is likely 5 figures $$,$$$).I think a common balance is to pay a small deposit upfront then to setup a Payment Schedule that pays the Contractor as the work is completed.
Malachi P.
No one will fill out screening form prior to showings… ideas why?
12 January 2023 | 38 replies
I don't think your form is unreasonable, maybe a little too long....I would turn some of these questions into statements.
Jason Merchey
Can You Pre-View a Note & Mortgage?
11 January 2014 | 9 replies
If you deny financing unreasonably, which it will be if you turn down a standardized note, yes you'd lose your earnest money and you'll be in breach of contract.
Account Closed
Rental Analysis
26 September 2014 | 6 replies
@Sara Cunningham It sounds like PM goes for 4% to 10% in this area, so I didn't think 6% was unreasonable, but bumping it up to another % probably makes sense.
Paul Kuegle
House hacking
24 May 2015 | 6 replies
Is it unreasonable to say they cant have that in the back yard, I did said say they can have access to the back yard but didn't expect them to "take it over"...
Lindsay Wilcox
Buying a Block?
20 September 2013 | 15 replies
Property owners in the area would also have a greater incentive to apply pressure if something was not kept up with this knowledge as well.This has all assumed that I would be able to aquire all these properties in order to bring about the positive change in the neighborhood. 2-3 property owners that don't care to sell or want to leverage an unreasonable price or are satisfied with the cashflow from a deteriorating property ciuld cause big problems.Then once owning the properties yiu carry this risk as others have mentioned of weather related issues.
Winter Heintz
Potential Renters Don't Follow Through in Rental Process
19 September 2022 | 41 replies
If I hear "mmm" they gone, if I hear an unreasonable questions back- gone.
Maria Tran
Do landlords have to pay for a reverse osmosis filter sustem?
19 March 2022 | 16 replies
Looks like there’s a clear verdict here and that I’m not unreasonable.
John S Lewis
Are you a slum lord?
10 November 2017 | 44 replies
You are simply a landlord trying his best to create decent, livable space and make a fair profit, while trying to be reasonable with sometimes, unreasonable people.