13 May 2014 | 14 replies
I will admt I feel this is a bit of censorship in light of the facts.
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14 May 2014 | 7 replies
If the guy is just this side of a crook, then he'll reject any deal that would allow the buyer to make money.Here are the numbers as I see them: (notes here)Mortgage Rate 5.00%Length of Mortgage in years 15Monthly Mortgage payment $1,601.36 (195k principle)Taxes $125.00Sewer and Water $300.00 (I don't have a clue how much this costs where you are, but this is about what it would cost me to run 9 units)Trash $200.00 (I have 7 units on a $150/month dumpster)Heat/Utilities $- (Are there any common lights?)
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18 September 2015 | 12 replies
I see lots of discussions on here from wholesalers and warnings about them, but where does one go to hire them?
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17 May 2014 | 26 replies
There was one Podcast that was 2 hours long, basically it was a sales pitch but hey I got a lot of info just from the podcast alone for HUD Forclosures when a light bulb went off (I think my wifes overhead light blew out lol)over my head and I said Aha, checked out the info and figured out the rest without paying the $550 fee that he was requesting for his stuff, I just wish I had his spreadsheet for Excel lol...I am not that good at Excel lmao or I would've figured out that part on my own as well lmao....
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14 May 2014 | 23 replies
Staging: we lightly stage the home.We bought this house for around 52k put 40k into it and sold it for around 135k it was on the market for less than a week with multiple offers.This past year we have done close to 100 flips.
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15 May 2014 | 6 replies
How old is the building, your maintenance looks light.Closing costs might be light too.
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13 May 2014 | 8 replies
The ARV number is light is my point for the NW side right now.Are you sure it's not on the West side?
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30 June 2014 | 5 replies
It takes comps to make them see the light.
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14 May 2014 | 5 replies
Then subtract a little, cause agents are always a little too optimistic :)Also - a warning - I would be cautious about starting your first flip with something that's not-normal.
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15 May 2014 | 6 replies
I was warned not to do business with inspectors who do not provide these simple assurances that they will do their jobs.