Jim Stanley
Want to buy a SFR in pre-foreclosure and want to make sure I don't get burned
2 August 2024 | 8 replies
He should just exercise good faith, himself.
Grant Jordan Ward
Tax Lien Rights
3 August 2024 | 13 replies
The winning bidder gets the right to possession, but usually cannot exercise DIY possession.
Alan Asriants
NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
I’m sure others have enough knowledge to go it alone although they’d have more liability that way as lawyers and probably aren’t covered like we are with E&O on their own personal transactions, so maybe not… The vast differences between states and like you said even in different areas within individual states is super interesting and a big part of why I don’t see the role of agents going away personally.
Jason Jacob
Inheritance of properties
2 August 2024 | 19 replies
Quote from @Jason Jacob: She says a sexecutor she cant do anything until taxes are paidI already explained there is no gains tax due to step up basis at time of death and the IRS has no role in property tax.
Jamison Borden
Advice for a 19 Year Old Just Starting Out?
2 August 2024 | 7 replies
You might want to start with passive investments and move into more active roles as you gain confidence.
Nicholas Pisano
Rookie investor seeking advice: Out-of-state & scaling
2 August 2024 | 12 replies
The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370
Michael Guido
Anyone hear of Vestright land deals
6 August 2024 | 49 replies
It took about a month of constant negotiation and some very helpful role-play with these guys to satisfy the seller andovercome some of the Seller's objections.
Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
Hi Calvin,We pay for all property management technology fee's, etc... and that isn't a separate bill per se.Those are our standard operational expenses so on us to pay for.It would be like McDonalds charging a per burger fee for tech they use hahaWith that said, many folks don't realize how much it costs to be a full time "property manager" and not par time property manager like many realtors are forced to become due to client demand.When you are a brokerage and only focused on property management and not sales, it becomes a very expensive exercise making your company efficient and being able to offer an above par service to tenants and landlords.
Daniel Torres
Understanding the Private investor side
30 July 2024 | 2 replies
In my previous role, I encountered numerous instances of real estate fraud, which opened my eyes to the importance of legitimacy and trust in this industry.After months of studying the markets and educating ourselves on the BRRRR method, we are thrilled to have potentially found our first deal, along with other promising prospects.
Nancy Durso
What Is Cap Rate? A Key Metric for Real Estate Investors
30 July 2024 | 2 replies
.📊 The Role Of Cap Rate In Investment Properties:- Cap rate is more than just a number; it's a guiding metric shaping your investment strategies.- A higher cap rate often indicates a potentially higher return but comes with increased risk.- A lower cap rate might suggest a safer investment but with lower returns.🧮 What Is The Cap Rate Formula?