Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
Four thoughts:- Make the applicant tell you if they have a service or emotional support animal in their application.
David Martoyan
How Creative Deals Can Save the Day in Any Market
24 December 2024 | 2 replies
These are deals that people can find on and off market, they just need to be creative on what they can do to the property to make the deal a deal
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
Examine the bottom half from every angle - how much you can make, what else you can get for your money (don't worry about how much you make on these, they are time suck and the lower half of your portfolio)That's a good place to start.
Keith Watts
Excited to see what the future holds... (Flips, Rentals, and Other Strategies)
28 January 2025 | 9 replies
Alot of unknowns as you don't have the ability to walk the property beforehand, but interesting process, and pretty good deals exist there.While the Trustee Sales are cash purchases, there are many hard money options that can turn over the funds in time for the 24 hour funding required to complete the purchase.If you are interested, let me know and I can go into more detail, as well as make some other suggestions for you to consider.
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
One question I have is if you're considering using hard money?
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
If they only make $2000 and know their income has to be $3000 or higher to qualify, they can apply elsewhere and save the $30 application fee.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
You may also be able to "make your market" if you can hit a critical mass.
James R.
I really dislike Airbnb. Anyone else?
26 January 2025 | 21 replies
They simply did not desire to spend more time than it was worth to recover the money from Airbnb.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
The algorithm has no idea if the problem as a dysfunctional layout or just the fact that it is dated and nobody has spent the money to update the property.