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28 October 2024 | 24 replies
Hey so I just closed on a property in Polk County FL my mortgage is $1535 average rent in the area is $1500–1800 I have a freshly renovated house with 3b 2 ba 966 sqft I listed it on the higher side since it’s remodeled for $2100 I only had one person reach out to me and they were telling me the price is to high and I have not had any applicants I just paid for advertising on Zillow today and I posted the property yesterday I cover water and the property comes with washer and dryer hooks, loose pet policy and there is a laundry mat directly behind it.
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1 November 2024 | 19 replies
This gives me some additional perspective on reasonable price range.
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30 October 2024 | 7 replies
What to look for, pitfalls, protections and contingencies to have in place for the investor perspective aand from the wholesaler perspective.
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1 November 2024 | 19 replies
You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future?
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31 October 2024 | 8 replies
I've now focused on other markets where the numbers make a lot more sense from a cash flow perspective.
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30 October 2024 | 2 replies
But as I focus exclusively on representing landlords in their interactions with Housing Authorities, my perspective has shifted significantly.
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30 October 2024 | 3 replies
I am looking forward to connecting with fellow lenders, accountants, and real estate agents to get more perspective and build my knowledge on real estate so that I can start to build wealth in my mid-20s and onwards.
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31 October 2024 | 17 replies
I have had an investor on a window job pre pay 11k, contractor vanished, they sued, sheriff couldn't serve them because they couldn't find them.From their perspective - they received their money, and if they are "storm chasers" East TN and NC have unlimited work right now.
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30 October 2024 | 0 replies
While this isn’t ideal from a transparency perspective, it’s a foreseeable outcome when the regulation doesn’t directly impact flipping economics.The Bottom Line: While AB 968 may promote transparency in theory, its real impact will likely create more complexity and hurdles for sellers of distressed properties and newer market participants rather than significantly altering the business strategies of established flippers.