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24 May 2016 | 17 replies
Jeffery Griggs all problems I can attribute to me being a novice, first time investor - I bought the property over priced through an online investor network without conducting proper due diligence, I allowed the seller to get away with not fulfilling their promise to place a Section 8 tenant prior to closing and not fixing the noted deficiencies in the inspection.
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26 May 2016 | 14 replies
Yes, you get more repeat business, but you will be working much harder on each sale.Investors generally aren't going to be happy with a simple MLS auto search; they're going to want off market deals, expect you to put in a lot of low-ball offers, know how to properly calculate cap rates, rehab estimates, etc. and also generally will be looking in a lower price range, meaning less of a comission for you.Retail buyers on the other hand are much more likely to be happy with the selection on MLS, take your advice, and give better offers.
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23 May 2016 | 1 reply
I know there is a field to search "By User" under the "Filter Results" option that pops up with the search results, but I haven't found that to work properly (or at all really).
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22 May 2016 | 8 replies
You should join REIA to network and learn all you need to know to properly wholesale.
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23 May 2016 | 8 replies
I definitely need to school up on the requirements before executing, but I have been able to get a good feel for the process so far.
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28 May 2016 | 35 replies
Furthermore, we don't feel comfortable accepting liability after one of the partners told us they would not be properly capping off exposed live electrical wires in the wall even though we advised them it is a hazard and you cannot just "plaster over it" as he said he would do.
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24 May 2016 | 10 replies
How to properly research and compare different mortgage rates?
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23 May 2016 | 18 replies
Department of Treasury with usc exceptionState Tax LienLien by USA or Dept of JusticeUS Department of StateOther Federal AgenciesFrequent Superior Foreclosure-Liens:Code Enforcement for debris removal or mowingDemolition or Environmental Based Liens State child support lienBoard of County Commissioners for special assessmentsUtility LiensWater/Sewer Delinquency (only in selected states)County (and/or School/Township) for unpaid taxesCity for road improvements, maintenanceHere are some of the judgment and liens that will be wiped off from the property (not the borrower who lost the title) if the lien holders were properly notified and "had the right to bid on the property at the auction":2nd and junior position mortgages, such as home equity loans, etc...Credit Card Judgments recorded after the foreclosing mortgage Personal Judgments recorded after the foreclosing mortgageMechanic's Liens recorded after the foreclosing mortgageOther Judgments outside of the ones listed above
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2 December 2016 | 14 replies
When you locate the new property, then write an offer contingent on executing the 1031 exchange.
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31 May 2016 | 12 replies
Do you need to have wireless routers in the rental to work properly?