Michael Guzik
How to be a better wholesaler?
4 March 2018 | 13 replies
All of a sudden $50k is really under $30k, and that is usually based on their inflated ARV and terribly low rehab costs.Knowing holding and closing costs, again, comes with experience.
Bill Baldwin
Ripped off by my Property Manager / Agent - Advice Needed
28 February 2018 | 9 replies
What's even worse is I'm told that I'm likely to get audited by the Japan tax authorities because I've listed a previously cash producing asset as suddenly having a gross income of $0 for the entirety of 2017, which is seen as a major red flag.Does anyone have any recommendations for what actions I can and should take given my situation?
Yoni R.
What do you think of this loan? Is it a good deal?
28 February 2018 | 25 replies
Alot of lenders said they couldn't do it and all of a sudden Quicken said they could.
James Nix
Credit issue that I don't know what to do about it
10 March 2018 | 24 replies
BUT, if you make a payment (even if you pay it all)NOW, your last activity date would be NOW and suddenly it looks like a recent charge off and the 7-year clock will start new.
Karen W.
New constructions in Southern BR
21 March 2018 | 9 replies
At some point a surge of vacancy seems logical as more of the displaced homeowners resettle into their homes and the new inventory keeps getting added.The wildcard of it all is, how much new demand that will fill the vacancies at rates based on projected population growth.
Erik W.
BRRRR - How do you guys eat?
13 March 2018 | 40 replies
This also allows us time to adjust if there are any sudden market changes and reduces our out of pocket risk exposure.
Brian Ashby
What recourse do I have against a blundering broker?
11 March 2018 | 4 replies
We get to a few days before closing and suddenly it is brought up that I have to refi out of my current property into conventional.
Aaron Clarke
New to real estate and don't know where to start exactly
16 March 2018 | 6 replies
ARV is 100% because it is small... but hey you put an addition above the garage, and suddenly you have the right square footage to match all the 600K houses being sold.
Joe Szymczak II
How do you buy low in a sellers market?
18 March 2018 | 11 replies
When I heard that, I blurted out, why is it they want $225K all this time, and suddenly $185K would work.
Rick S.
Who JVs with a Money Person?
23 March 2018 | 25 replies
We started out looking for fix/flips, but with HGTV, etc. everyone all the sudden was a flipper, and drove prices up so high, it was a fulltime job just trying to find anything, so we decided to do new construction.