22 March 2020 | 13 replies
But a perspective to also look at is you need as many landlords and or flippers as possible. why?
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15 November 2020 | 10 replies
Let me know how it goes with your case, really want to get some perspective on what to expect.
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20 March 2020 | 9 replies
From the tenant's perspective, it probably seems ridiculous to provide one after 12 years of lease payments.
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18 January 2020 | 4 replies
Lender C said I would not be able to close it with a fresh new LLC because that LLC wouldn’t have had any performance to show or tax returns to present during underwriting, and the way that most of her borrowers go is to close with their name first and within an hour of the closing, create the LLC with the help of an attorney and transfer title right away (not sure if this is even possible!).
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15 January 2020 | 35 replies
Just make sure whoever you're buying your list from is providing you with a solid, fresh list because the best piece of DM is worthless if I goes to a bad list.
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23 January 2020 | 5 replies
Hey Rachel, I'm not an agent but I can help in one of two ways:a) Give you some advice from the perspective of someone who owns 10 properties in Detroit and lives here locally.b) Connect you with an agent or two that I respect.Some quick advice: You do NOT want a house for $20,000 with at tenant in it.
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24 December 2022 | 9 replies
-A little more management from a cleaning/ turnover perspective.
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1 June 2022 | 6 replies
There are properties that work well on a spreadsheet, but from a management perspective do not make sense.
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3 February 2020 | 3 replies
I guess look at the deal from the investor's perspective and ask what the target return should be.
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31 January 2020 | 5 replies
Please assume the perspective of an investor looking to purchase this contract.The Deal:Purchase Price: $38,000ARV: $100,000Comp criteria: < 1 mile driving distance, 6 month time frame, 3 bedroomStill need to adjust comps - in progressEst Rehab: $20,000Spoke with local contractors regarding price / sq ft of various tasksSpoke with home depot in area for material costsBack Taxes: ~$2500Basic Info: 3 Bed, 1 Bath, 1600 sq ft, 50X80 ft lot, Built 1900Area Statistics: $78 Median Listing Home Price/Sq Ft ($78 X 1600 = $124,800)(This is taken straight from Realtor.com for East Linden Ohio)Notes:New water heater (Permit)New furnace (Permit)New windows, doors, windows (Permit)(Siding was in progress then contractor disappeared)Second plot of land included next to propertyCritical Questions: What would be a good resource to learn "Wholesale Wording"?