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Results (10,000+)
Dan Leyden Section 8 inspection
7 August 2024 | 13 replies
As for the outlets, I think you're worried about the wrong thing.
Gladys Villa First family home or real estate investment?
7 August 2024 | 15 replies
First step is to not worry about what others think.
Russ Desatoff Helical Piers. Good or Bad for Investment Properties?
7 August 2024 | 1 reply
Would the piers alone be a turn off to investors when thinking about the long term ie. renters, or selling the property.
Michael Keith 5 Main Reasons Why the Real Estate Market Won't Crash
7 August 2024 | 73 replies
I think this is what D.T. has eluded to. 
Sam McCormack NAR Lawsuit and Questions
7 August 2024 | 23 replies
Ironically, I think the DOJ nonsense is backfiring on their intentions. 
Holly Peterson Unlocking Hidden Wealth: Finding Untapped Real Estate Deals with Private Money?
7 August 2024 | 6 replies
I will make about 10 to 12k on this one he will make about 60k without putting up a dime.4. fix and flip  he put up 10k but we had to remove the tenant so its under rehab now.. same spread as the first one  he will get his 10k back and make about 30k I will make 10 to 12k for loaning in 100k for 6 months.. 5. cosmetic flip  cant recall the numbers but this one i funded 100% and its about done I will make my 10k and he thinks he will make 15 to 17k on a 30 day rehab prime area of his little berg.I also pay all the insurance he has to pay UTLS though and he has to put up EM which you know the mid west its a joke 200.00 bucks or 500.00 bucks..
Paige Seeley New Tenant Screening
8 August 2024 | 5 replies
I don't think your chances are very good. 
Spencer Herrick Ready to purchase 2nd rental property
8 August 2024 | 2 replies
if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 
Marty Sheckter Rent or Sell Condo Feedback Needed!
8 August 2024 | 3 replies
I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!
Chen Weng How does Hubzu's highest and best bid work?
7 August 2024 | 1 reply
The reserve price wasn't met, but it's set very overpriced, and I don't think anyone would meet that price.The day after I won the auction, I received an email stating that the seller is offering all eligible bidders the chance to place another bid.