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6 September 2016 | 11 replies
If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.
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5 September 2016 | 4 replies
Always do a math analysis and try to look at the prospective property before you make an offer or at least have a clause in the sales contract that will allow you some time (about 15 days) to do a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Do not try to do everything yourself.
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5 September 2016 | 3 replies
Also, am I violating any law from a legal perspective?
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21 March 2017 | 18 replies
Our total out-of-pocket costs will therefore be around $7,700 ($3,700 down + $4000 rehab).The numbers look like this: Rent $650 Loan payment $345 4 years @ 5% HOA $130 Insurance $13 Property taxes $67 Maintenance + CapEx $80 For new windows and HVAC Cash flow $15 During land contract Cash flow $361 After land contract Cash on Cash 56% After land contract ROI 48% During land contractAs the numbers show, there is virtually no cash flow during the 4 years the loan is being paid off, but the return on investment from principal pay down is almost 50% PER YEAR.
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5 September 2016 | 2 replies
I have a house under contract with a cracked back wall and garage floor heave.
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11 September 2016 | 7 replies
For example, someone to review contracts/agreements and can guide my team on best practices.
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6 September 2016 | 18 replies
I've been involved in several areas of residential contracting, and have owned businesses such as remodeling, paint contracting, and landscaping.
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5 September 2016 | 1 reply
I've been having trouble finding fsbo instead ive been running into alot of other investors that already have the contract of the property or its a realtor.
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7 September 2016 | 3 replies
I am new to Real estate investing, and just went under contract on my first house in the West Fort Worth area.