
2 December 2024 | 6 replies
The vast majority of "regular" or traditional (Conv/Govt) mortgages are originated by specialty lenders and brokers and are sold in the secondary market to provide yield on bank balance sheets (think Chase or BoA) or to be securitized into MBS.

3 December 2024 | 6 replies
Never pay for work that hasn’t been done.3.Verify Work Regularly: Have an objective third party inspect the quality of the work weekly and provide updates.

9 December 2024 | 21 replies
You also have to consider the down time of not renting while you renovate and likely having to fly in several times to check on work, meed contractors, pick up supplies.

3 December 2024 | 3 replies
They're spending tax-payer money, so they'll cut a check without batting an eye.Document condition before and after with photos, inspect regularly, and you should be fine.

4 December 2024 | 30 replies
If no one tells them about balance sheet, then real estate investors aren't going to focus on them.My clients are always looking at the balance sheets after I taught them the importance of it.There are a lot of times not just real estate investors, just regular business owners, they look at the P&L and say great, I made $100K this year, but my bank is showing $10K, where is the rest of the money.

7 December 2024 | 14 replies
It was truly the wild west.For the same reason I said several years ago the price of houses weren't going to crash due to supply and demand and the supply being so low, I believe the same thing is going to happen out here.There was an oversupply of building going on 2 and 3 years ago out here especially on the bigger cabins.

5 December 2024 | 11 replies
While this is regular due diligence, mistakes can be made when the market is hot and you have to move fast.

10 December 2024 | 100 replies
I thought with using a regular agent I would be able to get a higher price for my house, but I did not, so really the only major difference was the staging and I don't think that really helped.

30 November 2024 | 6 replies
Real estate is going to be more rate and supply driven, than election driven.Equities will be election spurred(in the short term) but fundamentally earnings driven in the near term.

2 December 2024 | 0 replies
I’m no polished writer, and my grammar might not be perfect, but I hope to find some fun and value in posting here regularly.