
23 June 2013 | 6 replies
You may exhaust more money and time to get the education and licensed than you anticipate and end up not liking it.the best job to do is the one you're passionate about. what are your skills and interests?

23 March 2013 | 10 replies
Yes Jon K, sile means simple.In Florida, we have a Writ Of Possession procedure, for previous owners, which is simpler than an eviction.

27 April 2011 | 15 replies
Try to get a proof of funds from a more established Bank rather than an automated proof of funds from a website

2 May 2011 | 9 replies
For example how many days the property has been listed and percentage of price drops and frequency of drops.You need to know if this bank just listed at an aggressive price.If so they will get multiple offers.Then it comes down to not only price but type of financing versus paying cash and closing times and contingencies.I just find that most times if the property needs a little carpet and paint and that's it the bank will put new carpet and paint in to maximize recovery on the asset.If not an owner occupant still will pay more than an investor.Many new investors try to play it safe and low ball carpet and paint jobs and then when offer after offer is rejected they get disheartened and give up or stop trying for awhile.They don't want to take on bigger rehabs but that is where the profit is.You need the calculated risk for the reward.For a flip in that area 200k is high for Georgia.

24 June 2011 | 23 replies
I can think of at least 3 reasons. 1) Providing turnkey property is their business... kind of like a fix-and-flip, but the target buyer is an investor (Non Owner Occupant) rather than an OO. 2) The seller can/could secure financing for the acquisition and fix up, but the financing is all short (12 month) or intermediate term (e.g. 3 year call financing through a commercial lender). 3) The seller (e.g. a Self Directed IRA) would rather carry the note and can not only provide a 'turnkey' property, but also provide turnkey financing.

26 March 2013 | 30 replies
Angie's List definitely presents its own 'micro list' of vendors that is not exhaustive of any city's contractor resources.

13 January 2013 | 6 replies
For some reason tenants are always calmer when taking to a "employee" than an owner in my experience.Also, when a tenant makes an outlandish request I can always say that I have to check with my boss and hopefully the forget about it.

27 July 2018 | 21 replies
Even very large sophisticated property owners never bake capital expenses (other than an optional reserve), financing, or tax items like depreciation/amortization into their NOI calculations.

6 September 2013 | 7 replies
Having the choice of several potential tenants increases the chances of a better tenant in the long run, which will typically create a better reward than an extra $25 a month.

24 February 2015 | 3 replies
If I rehab the house myself, I could very well exhaust all my capital.