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21 June 2013 | 14 replies
Next, what is your relationship to your partner, I'm not quite sure off the top but in any company that has employees there needs to be a clear chain of command, this should trigger some military flashbacks.
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5 November 2013 | 5 replies
Lenders basically assume you're going to fail as a landlord so they want to be user your existing income will cover you.
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24 April 2013 | 4 replies
A SFR market emerges that looks like this: crappy houses that can command a high rental price by packing students in, often in illegal structures, basements, converted garages, trailers, vans, tents, whatever.
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24 July 2013 | 12 replies
They can usually command higher rents than a multi.Just something to consider.Brian
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27 April 2013 | 10 replies
My user name is ClimerSchool.
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24 April 2014 | 5 replies
I don't know anything about the software, but when it comes to analyzing rehab deals, it's as basic as the following formula:Profit = ARV - Purchase Price - Rehab Costs - Fixed CostsIf you know 4 of the 5 variables, you can rearrange the formula to determine the other one (for example, to know your max offer, your max rehab budget, etc).My guess is that this software (or any software that allows you to analyze a rehab deal) basically just puts a user interface around that formula, and spits out some additional ROI metrics on top of it.It's nothing you can't do in Excel or on the back of a napkin.
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3 May 2013 | 32 replies
In all states, it's the listing broker who commands any listing agreement, not agents.
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21 January 2014 | 81 replies
. -- the reason for that is that as the pool of users grows (both those being assigned reputation and those seeking it), the incentive and likelihood of someone figuring out how to rig the system increases.Sure, you could probably do this small scale (a few contractors in a local market), but if you try to scale it up, you'll run into some major obstacles.
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4 May 2013 | 3 replies
Can't wait for the bigger pockets app to come out, so it's more user friendly on the phone!!
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10 June 2013 | 24 replies
Kondaur sells and manages their loans in little more of a 'regular' manner where working the asset is as high of a priority as re-trading the asset.OK, so Granite is looking for quick flips on the loans they acquire, more of a high-velocity thing, whereas Kondaur likes to position the loan to command a higher price if possible?