Account Closed
REALTOR REBATE SAVINGS in Florida
24 February 2018 | 7 replies
My borrower/buyer referrals are pre-approved in advance and these are clean Mortgage Broker to Buyer Agent referrals.With being set up on MLS notification to receive alerts as well as the many other sites like Trulia/ Zillow, etc., from there we just need a lockbox code and negotiating skills to secure the best price, in addition to the $12,000 Realtor Rebate to borrower at closing.These are on the sales contracts and on the final CD or Closing Statement.
Jeremy Margaritondo
Trying To House Hack In Chicago...Help!
25 February 2018 | 6 replies
I don’t want to pounce on a bad deal just to hit that mark.I’ve started our search by scanning through and quickly analyzing properties I’ve found on sites like LoopNet, Realtor.com, and Redfin.
Romel Q.
Phoenix AZ Investor new to BP
26 February 2018 | 4 replies
Good day folks,Love this site and the podcasts, wish I found it sooner.
Chris Gordon
Investing or buying cashflow?
6 March 2018 | 33 replies
@Chris Seveney that's interesting.. lets say you buy a rental for 100k with minimum down 20k.you make 150 a month cash flow ( realistic numbers unless you value add or get some smokin deal)something happens and you need to sell in 5 yearsyou bought for sake of argument in a non appreciating market as many on this site admit they are fine with.. now you go to sell.. 60 X 150 a month = 9k you have 10k in sales costs.. figure 6% plus closing cost plus seller credits and honey dews on the house plus it makes the math easy.so you net 90k add in your 9k positive cash flow your at 99k... so just about break even but now your had to recapture 15k of deprecation and pay tax on that lets say 5k for easy math.. so now over a 5 year hold your 150 a month Coc really has a negative IRR since you lost right at 6K of actual cash and your only gain is whatever little principal pay down you got on your longer term note.Do you think I have that right.. only reason I bring this up is I sold a bunch of my rentals and that recapture hit me hard personally.. but I just wanted to reposition to notes as I am not a very good landlord..I think this is why if you think my numbers are correct.. that folks need to accelerate pay down so that you can pay these off quick so if U do need to sell and most people sell every 7 years stuff happens they have some true equity. or at least some cash coming out of the deals.
Michelle Elaine Fontan
Very intrestred in how to becoume an Investor (Lakeland, FL) HELP
24 February 2018 | 2 replies
My brother showed me this site because he has begun the steps to becoming a rental property owner.
Manning Watkins
Looking for investor websites
24 February 2018 | 1 reply
Not sure if you are wanting a website for your business or looking for someone else's site.
Eric Masi
New Maryland Investor Looking For Feedback
22 August 2019 | 9 replies
Perhaps I'm over-complicating things or perhaps I should be looking at different metrics.
Mark T.
Investing outside of CA
25 February 2018 | 3 replies
Search the site for recent forum threads on this subject; you will find a wealth of information.I always recommend that OOS investors look for places that are easier to get to and places that you want to visit since you will be going there regularly.
Bjorn Ahlblad
Zillow, Redfin etc are great but don't trust the numbers!
25 February 2018 | 2 replies
I know these sites don't mean to mislead but the numbers are done by humans who are not investors; so make a point of doing your own.
Whitney T Redfield
Newbie from Southern California ... Los Angeles / Orange County
27 February 2018 | 9 replies
Welcome to the site @Whitney T Redfield