13 January 2025 | 41 replies
There is a ton of risk for the seller as we know in these deals and there are bad actors in these deals as well.. ran into many of them buy sub to never pay of the mortgage rip the rents and down the road..some off those folks got criminally charged and got prison time..
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5 February 2025 | 205 replies
Quote from @Don Miller: The following is not to express any level of happiness or unhappiness with the build:Received change orders totaling $14,970 for 18 additional loads of fill dirt over allotted amount in contract (fill dirt arrived in December 2022), 7 loads of septic sand over allotted amount, and rock excavation at the septic site. make sure to ask for the tickets. if they are putting 6 yards of soil in a single axle truck you are getting ripped off.
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2 January 2025 | 13 replies
@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.
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26 December 2024 | 2 replies
The solar system adds no value to my property for rental purposes, and I may even be ripping up the roof & replacing it in the new year.Beyond sending a nasty letter through my attorney via certified mail, demanding the company come pick up their equipment, am I required to take any further action or fulfill any obligations regarding these contracts?
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30 January 2025 | 62 replies
While I can see the incoming administration "deporting" (technically) large numbers of people who cross and are immediately sent back to the other side of the border, I believe that the number of people who are deported from this country in the sense that they are ripped from their communities not immediately adjacent to the border and forcibly sent to another country will be less than 100,000 in aggregate over the next four years, and largely limited to violent criminals in red states.
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14 February 2025 | 161 replies
For example, we replace marginal roofs, rip out all the old galvanized plumbing because it saves me a lot over the long run.
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4 February 2025 | 87 replies
A while back you ripped on my style of slow and steady long term investing in buy and hold real estate with low down payment conventional loans because it's not as fast as your style and the potential of cash on cash returns isn't as high.
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1 February 2025 | 56 replies
They do have to step in and pay on the underlying note while they foreclose on the wrap this to protect their credit and theoretically project their equity The issue with all this sub to and wrap stuff is under capitalized investors or investors that dont know enough or investors that have a no morals and just look at these like if it works great I have little money into this no real equity and I am not on the loan so if it does not work I will just walk off .. or really bad actors that get into title rip rents and never pay the underlying I have seen that more times than you can imagine. this sub to wrap stuff is just super dangerous and I dont care who is training people on it there are just to many things that can go wrong when your sub to deals or wrap deals are with owner occs and their mortgages.. seller carry backs like we did worked fine and the deals were smaller in those days.
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18 February 2025 | 148 replies
All talk and rip offs no payment to the people you have your hand out to.