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18 March 2019 | 6 replies
The other piece is the cash required for rehab, is that going to come from existing cash or be structured into the purchase/financing.What does rehab mean for you?
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5 March 2019 | 5 replies
Inform the non-selling co-owner of the cost of repairs that are demonstrably necessary to maintain (not to improve -but just to maintain the existing structures or to bring it up to code to the extent that you need a permit). 3.
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8 March 2019 | 57 replies
You do have the leverage on Real Estate that you can use that isn't typically available to the owners of stocks.Also, depending on how you have your portfolio structured in terms of financing, real estate should be a pretty good hedge against a inflation.I know we haven't had real inflation in a generation or more.
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5 March 2019 | 6 replies
They're either marketers calling themselves turnkey (ie they don't own any properties, they get a referral fee from other TK companies around the country for sending buyers) or they're some sort of Morris Invest house of cards (search the forums for Morris to see what to avoid).Go ahead and shell out the cash to get your own inspection and appraisal, especially on your first deal with a provider.
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6 March 2019 | 17 replies
{Roof, foundation, windows, balconies (if any), driveways, building structure, landscaping, signage...are all things to consider for repairs in this early stage - to decide if you want to move forward with a full tour of the property).Hope this helps...
8 March 2019 | 15 replies
You'll still have to network & generate leads & so forth but you won't have to specialize as much but instead truly understand deal evaluation and how deals are structured with financing & partners.So you'll need to ponder on that first as to HOW you want to invest.
7 March 2019 | 3 replies
Account Closed Depends on how the algo's are structured...I use Core Logic and find them to be fairly accurate...truth be told, it's impossible to produce AVM's and be accurate long term...especially in a rapidly changing market.
5 March 2019 | 0 replies
Here is the breakdown: Principal: $201,026PITI: $1,537.55Principal and interest$1,102.41Property insurance$122.30County tax$312.84Fixed Interest at 5.125%I have the concept of 10% down and a high interest rate, in saying, how could i structure this deal to make sense for me, but I also do not want to charge them an insanely high rate.
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5 March 2019 | 2 replies
This is how I structure and teach all of our deals.
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5 March 2019 | 3 replies
Weather stripping Doors (rear house door) – better seals, light and air getting into building Glass in same door is cloudy – thermal insulated seal failure Back Decking: The deck band adjacent to the deck steps has cracked, which is causing the deck to exhibit signs of sagging andfailure of the floor structure, which could result in deck collapse.