Jason Ridout
What value do you put on your image?
10 February 2020 | 74 replies
Image is just an illusion.
NA Smith
Mail options after tenant leaves
1 January 2022 | 8 replies
I want to know the Tn law on how long..if they got it, they can just sit on it an not cash it..Ill use that option if needed .Thanks
Scott Christopher
Townhouse Development Cost - S. Seattle
3 August 2023 | 15 replies
@Scott ChristopherScott,The largest red flag being waved at your potential project is clearly it’s hard cost.Therefore, before entering the dimension of what I call “the illusion of progress”, and spending time and money with 3rd parties you would be wise to focus on what the value of your deal looks like.Value drives and determines everything else.If your product is for sale, you should take the gross sales and deduct commissions, closing costs AND your target profit margin from it and you will have the total budget amount that you have to work withIf your product is for rent, you should determine its Gross Potential Rental income and use that figure to calculate Net Operating Income and divide it by an appropriate cap rate to determine the project’s capitalized value.Use the same method noted above for the for-sale product to determine the total budget for the rental product.Once you have your total budget, you will also have a very good idea about the project’s performance and feasibility.Hard and site costs typically account for about 70% of total project cost.
Daniel Dietz
Seller Financing for Portfolio of Homes - Good, Bad, Etc...???
17 July 2016 | 1 reply
For simplification, Ill use round numbers.
Judi Smith
Considering investing in the hood/ghetto
4 September 2016 | 33 replies
I've been looking at property in low class neighborhood and see that the property is more affordable my concern is if that is a an illusion due to the fact that there are more risk involved with investing in low class neighborhoods.
Rich Somers
How to write an all cash offer but still use lender financing?
17 May 2019 | 20 replies
The purpose of this is literally just to create the illusion of a cash offer.
Bill Mitchell
Buying Over Fair Market Value For Cash Flowing Rental?
17 August 2013 | 8 replies
They are overpaying for deals with the illusion of returns higher than what they'll actually get.
Roderick Barr
REACT Real Estate Team
17 August 2018 | 22 replies
no money back guarantee, no trial period, no showing what is his system if he has one ....they sell something without tell what is it .........what kind of illusion are they selling t the most desperate people . few minutes ago I spoke to a guy his name ED and this guy hang up on me , why because I told I want make that if I discovered after 1-3 months of joining in that you are not doing your part as detailed in your system ( closing deal with buyer with seller, and finding buyer and closing deal ) then I need to be off any financial recurring obligation . the Guy HANG UP ON ME ( his name ED) .NO replying to email inquiries only the old fashion way as ED call it we are old fashioned and we sold 3000 houses which is same claim a year ago , 2 years ago as if never sold another houses past the 3000 2 years ago.
Chris V.
Straight Outta Stockton - Anatomy of another Stockton “Deal”
4 January 2020 | 13 replies
That will hopefully cure you of the illusion that numbers on a computer screen in Palo Alto tell you everything you need to know…:)Figure 4: You wonder what they actually do with the HOA you need to pay...
Scott H.
Manufactured Home in Park Deal Analysis
29 December 2016 | 4 replies
Indeed, i have no illusions of appreciation with this, and i already baked this into my analysis.I didnt consider the co signing factor, i suppose this is a wash as i would still end up with the mortgage if my tenants were to flee at my real property rental.Flipping some of these sounds fun, ill be looking more into that!