Michael J.
How many deals a month part time?
12 September 2016 | 6 replies
I am at a pivotal point in the direction I am going and am trying to get a feel for the potential and best place to focus my extra time.
David Crutcher Jr.
Bad Situation
14 September 2016 | 11 replies
Always helpful to break up into paragraphs.For starters, Bank Oened is a term usually reserved for an REO property; one that has reverted to a lender after foreclosure has occurred.What you have is a pre-probate situation in risk of foreclosure.POA is only good as a proxy for passing title during the lifetime of record owner and most title companies want a POA for a specific property transaction.
Brad Woodall
How much to pay social media assistant?
30 November 2016 | 10 replies
She is looking for freelance work to bring in some extra money.I can utilize her for working on my social media presence, SEO, and some other administrative tasks around marketing.I have already told her that it will probably be small tasks to start out with and I can't pay her anything steady until I start getting more deals and bring in more income as I scale.Curious what everyone is paying for this type of work?
Sergey Tkachev
Question about HOA and Co-op in Florida
15 September 2016 | 9 replies
This is usually due to changes in boards and management and sometimes it's not intentional.
Loic Billiau
Safer areas to invest in for rental ?
16 September 2016 | 22 replies
Most of the time, all that extra work in golf does nothing but waste everyone's time as I am terrible, but in real estate, knowing where to start is just that, a start of your due diligence.
Vincent Wood
New investor taking action from Columbus, OH
11 October 2016 | 13 replies
After that there is usually a featured speaker on an important topic.
Njeri S.
Refinancing Primary Home, Renting it, then Purchasing New One
14 September 2016 | 4 replies
However, they will calculate a new DTI (debit to income ratio) based on the new monthly payments from your cash out refi or HELOC loan.Some quick pros and cons about Cash out Refi vsHELOCCash out Pros-tax free money-low interest rate-no monthly payments Cash out Cons-closing costs (couple thousand)HELOC Pros-tax free -its a line of credit, hence you can use pay back then use again-usually NO closing costsHeloc Cons-higher interest rate-have to make monthly payments on money borrowedHope this helps,CB
Tyler Northcutt
Contractors
7 December 2016 | 8 replies
Every good contractor goes bad at some point (sorry to sound grumpy, but they've been extra frustrating lately).
Casey Kooiman
Cost of Roof - Milwaukee
19 September 2016 | 15 replies
In my area, roof bids are usually around $300-320 per square.
Mike H.
How to utilize a pay-off property for more investment funding?
14 September 2016 | 1 reply
Below are some quick tips about cash out refi vs HELOC/LOCCash out Pros-tax free money-low interest rate-fixed monthly payments unless you choose a variable productCash out Cons-closing costs (couple thousand)HELOC/LOC Pros-tax free -its a line of credit, hence you can use pay back then use again-usually NO closing costs on residential Helocs; there will be closing costs on commericial LOCs-commericial LOC is very fast moving as far as getting funding and refinancing (Makes it easy to rinse and repeat)HELOC/LOC Cons-higher interest rate-variable rates-monthly payments depend on amount borrowedHope this helps,CB