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18 June 2024 | 121 replies
I tried to discuss this in a "professional & private manner", I gave your people numerous chances to contact me & then I just got mad!
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17 June 2024 | 13 replies
Louisiana—Property Tax—Administration of tax sales of immovable property.L. 2024, S119 (Act 409), effective 01/01/2026, upon adoption of the proposed constitutional amendment at the statewide election to be held 12/07/2024, repeals numerous provisions related to tax sales and provides that the assessment of property taxes and other impositions on immovable property will constitute a lien and privilege on the property in favor of the political subdivision to which taxes and other impositions are owed.
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13 June 2024 | 7 replies
There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
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20 June 2024 | 245 replies
Zerohedge dot com has a lot of variety on the writers and investors and the economy.
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13 June 2024 | 1 reply
Self-managing a rental property can lead to a variety of issues for inexperienced landlords, especially if they reside in a different state then the rental property.
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13 June 2024 | 5 replies
We have had numerous Clients come to our property management team that were told their property was in great shape and basically move in ready only to have our property manager walk it and have a list of 20+ things they find that should be done before placing a tenant.
13 June 2024 | 2 replies
I bought a property a while back that had the legal description messed up when the survey was recorded, the property was sold numerous times and every time there was an affidavit of correction needed to fix the legal description in the sale.
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15 June 2024 | 87 replies
We paper them differently and have numerous disclosures and checks and balances in place to ensure the deal is as risk free as currently possible.I agree the gurus are soiling this industry quite a bit.
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16 June 2024 | 27 replies
I'm local in Asheville, do some investing, and do some lending too.Also, we have a great BP meetup here in Asheville, where you can bounce ideas and plans off a variety of people, get some great free counsel and comradery, and even connect to some opportunities.
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15 June 2024 | 30 replies
Also, there are numerous challenges dealing with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.