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18 January 2018 | 3 replies
They present their social media followers with a series of curated options for a specific area of each house, and their channels vote to decide on a lot of the finishes of the home - paint colors, carpets, door knobs, light/lamps, kitchen layout, etc, etc.The social media houses aren't especially lucrative, as they only do about 2 per year.
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7 November 2017 | 4 replies
Hello Everyone, I am new to money lending (I have funded one mortgage so far) and I am trying to decide if I should proceed with a first mortgage opportunity.The property was appraised at $150,000 but the appraiser makes a strong note of caution that it could be worth $132,000 and be hard to sell.
8 November 2017 | 3 replies
I’m trying to decide what some reasonable offers should be and having a difficult time, because some values I see on county records are way lower than what some sellers are asking.
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15 November 2017 | 7 replies
Most condo communities have a master policy (hazard and flood), however, if the property isn't insured fully or the Deductible is really high or God forbid the association in Florida decided to forgo flood coverage due to a LOMA (being mapped out of the high-risk flood zone).
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10 August 2019 | 35 replies
I have been doing research on turnkey providers in Kansas City area, after talking to few people, visiting KC, driving around Independence, Raytown etc. areas and looking at few properties (from Bridge, McInnis, USREEB etc), I decided to move forward with USREEB.
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14 November 2017 | 4 replies
Decide where you want to invest and the type of investor you want to be and then talk to someone with local knowledge.
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16 November 2017 | 4 replies
Two things could happen, you convert it, you apply for permit, the city inspects it, city calls code enforcement to check on other parts of the house, decides to give you citation, then you fix that, chiching ; or, you don’t qualify, you get a citation, you are forced to fix it, double chiching.
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14 November 2017 | 5 replies
I'm estimating 20K in repairs, ARV of 75K, $1250 rent, $162 monthly P+I@ 5.38% over 30 years (called like 50 banks to no avail, decided to call the bank i keep my money in and found out they hold their own paper).
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15 November 2017 | 5 replies
This will provide great value if you get bit by the bug and decide to build an empire!
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27 November 2017 | 2 replies
Deciding you really want to buy a fourplex in NY for 2mil versus an SFR in central NJ for 120k can drastically change your path forward.