George Fleming
How to handle shared Washer/Dryer yet utilities assigned to different units
18 November 2024 | 8 replies
However, if you want to press on, here are a couple of ideas:Install a coin-op washer and dryer and use the revenue to reimburse the tenants.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
*************************************************************"Bergen County influencer and real estate investor charged in multimillion Ponzi scheme"Pina, who gained fame doing real estate seminars around the country,https://www.dea.gov/press-releases/2023/10/19/new-jersey-rea...
Tom LaRocque
Higher deductible killed conventional and FHA - Now what?
16 November 2024 | 3 replies
I know for a fact that Chase has an internal condo approval process for all loans being sold/brokered to them. https://selling-guide.fanniemae.com/sel/b7-3-03/master-prope...For FHA, the guidelines are FHA 4000.1.Also, this: https://www.hud.gov/press/press_releases_media_advisories/hu...Long story short, condos are becoming increasingly difficult to finance.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
I have business relations with a few of the bigger wholesalers and PM's I can assure you the feedback from investors about vacant and non rehab houses is accurate.. of course its not every house they ever sold but for those unfortunate enough to be in that situation its devastating.. and since I have been funding turn key outfits since 2002 I have seen this play before.. out of state clients hey we will just pay the rent we don't want any bad press etc etc..
Mark S.
American Homeowner Preservation (AHP) Fund
4 December 2024 | 353 replies
And having the press and the government promoting forbearance like its a constitutional right really throws a wrench into the works.
Jonathan Greene
The Most Important Parts of the House to See as an Out-of-State Investor
13 November 2024 | 4 replies
You are looking for issues with the foundation and any other exterior anomalies like giant trees that could be in the sewer line or pressing against the foundation of the house, evidence of buried tanks, where the septic and leach field is, etc.There are plenty more things to focus on as well, but these four are often neglected by newer out-of-state investors relying on an agent or friend as their boots.What else did I miss?
Chris Williams
Deal Going Sour
15 November 2024 | 18 replies
Looking back 15 years later, I should have pressed much harder, the opportunities were too good.
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
Affordability is about 1:3So yeah on the surface it looks like a big difference, but there's a lot of things not controlled for in the stats- There were a crazy amount of houses built in the years just after the war, so housing stock was easy to come by everywhere;- Homes had nowhere near the kind of features they have now - 2 car garages, dishwashers, OTC microwaves, W/D hookups, high efficiency windows, central heat & air conditioning, etc - all those doodads and niceties drive up the cost of housing;- Fewer mortgages were 30 year, so homeowners had to pay (relatively) higher monthly payments;- Rentals were almost exclusively apartments, so there was more supply for buyers;ETCI think these things tend to be more stories that make for good press but aren't really that grounded in reality overall.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
You are hard pressed to find anyone who will sell you food, fuel, or any other necessities of life for bitcoin.
Daniel Suarez
Renting to sex offender
17 November 2024 | 32 replies
If the landlord was aware of his past, yet rented to him anyway - any lawyer worth their salt would make a nexus between those two pieces of information and create a liability claim.In addition to the extreme negative press you would get, it also takes time, money and energy to defend a lawsuit you will eventually win.