Account Closed
Best loan option for my investment goals?
24 April 2018 | 0 replies
I would also like additional capital to -Fix up that home (instead of me paying for the repairs/upgrades over time)Invest in stocks, (As I've been learning/studying for over a year now, making small amounts here and there as a trader) Potential upgrades for my business (me and my family run a successful auto body and paint shop)Because of my good credit (almost 800) I feel like some type of bank/company/individual must be out there willing to work with me!
Darryl Zuber
Single Family home conversion into a triplex
25 April 2018 | 1 reply
I've got my hands on a deal in Kitchener Ontario for a single family home at a sweet deal and ready and zoned for conversiontowards a triplex, in Kitchener, Onflip this property and make over $100,000 + in 6 months or buy and hold , ( great strategy would be the BRRRR strategy for this amazing place, you just need some sweat equity towards making it work as a true investment.
Sharon Gutowski
Newbie from St. Louis, MO
4 May 2018 | 13 replies
Every body here knows someone renting or flipping, making it ultra competitive and hard to find the best deals.
David Ivy
City of Austin vs. "Predatory" Flippers/Wholesalers
30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
Kari D.
Qualifying legal bedroom in WA state
2 May 2018 | 1 reply
The IRC has no restrictions in a sense but there are other code bodies that do.
Calvin Waage
Thinking of Pursuing being a Real Estate Agent MN
1 May 2018 | 3 replies
That doesn’t mean it’s easy to start as a realtor but the market is completely healthy and the sky is the limit I know a guy who started two years ago is on pace to make over 300,000 this year so yeah the markets good but it’s still hard to become a realtor.
Prasanna Panchamukhi
Investment property insurance from CSE
5 September 2019 | 2 replies
Is any body using CSE insurance Group?
Neil Schall
Newbie Investor tax strategy
5 May 2018 | 2 replies
I don't expect to make over 100k this year and I do intend on doing/managing much of the rehab work myself.
Marie Withelidua
I own a home in a declining area...
9 May 2018 | 31 replies
Some want to form an HOA, because the neighborhood is an older community, where there are still lots of original owners, but they are older and I know they are not all able-bodied as they're aging.
Awet Hagos
Low Tech Hacks and Systems For Property Management
8 May 2018 | 1 reply
Whenever I have an AirBnB related expense, I take a photo of the receipt and put the amount, store, etc. in the subject line/body of the email and send it to that email address.