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12 November 2021 | 7 replies
Working with wholesalers can be risky, let alone a full on “stabilization company” who isn’t even located in the US and probably can’t be sued like a normal US entity.I hope you can learn from this experience and move forward in your RE journey positively and not give up!
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14 November 2021 | 3 replies
If it is a normal utility pole, the answer is- not usually perceived as an issue.
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12 November 2021 | 3 replies
Personally, I would let the brother know what you plan to do (raise rent to FMV at end of lease), find out if he intends to stay at full market rate, then screen appropriately if he wants to stay (the current lease doesn't get changed, he passes the normal background check, and pays full rent on the new lease he signs after the old one ends--or goes month-to-month).
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13 January 2022 | 6 replies
It allows you to have the low interest rate one would normally only get after refinancing from the very beginning when the loan is interest only until the construction has been completed.
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12 November 2021 | 0 replies
We are experiencing some slow down on the seller side (less homes being listed as we head into the Holidays) yet buyer demand is as strong as ever with all price points tracked under a week on the market.I have 8 flips going on right now and normally I am hesitant to do too much work in November and December because we end up listing in January and February.
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27 November 2021 | 22 replies
I’d love to hear others’ thoughts on this.I think a lot of new things need to fall into place under the "new normal" with which we are currently operating before we can predict anything.
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12 November 2021 | 0 replies
While I can understand some of the desire for rent control there are other more practical and productive ways to assist families in need of housing (IE fix the broken section 8 programs around the country) I would prefer however that all of you out of state investors get out of "our town" so that the prices can go back to normal for us locals, which should in turn help keep rents down a bit locally .....
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16 November 2021 | 6 replies
It passed no problem and the appraisal was done twice as fast as a normal appraisal in our market.Write a letter to the sellers with your offers too and sooner or later you will find someone who wants to sell to a veteran even if it means $5-10k less than another offer.Best of luck and thank you for your service!
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12 November 2021 | 3 replies
Does any of this seem normal?
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18 November 2021 | 6 replies
However, I don't know if "new contract" means the seller wants to take the existing EMD and have a new contract for a new EMD amount...if so, is that normal?