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Results (10,000+)
Tim Silvers D&B WARNING
30 December 2012 | 18 replies
I unfortunately didnt find a way around their crap but I've heard others state that they told the representatives that they need the duns number asap so that they could complete an application for a bid on a government project.
George Moehlenhoff Hard Money refi'd to conventional issues....
30 June 2011 | 16 replies
George time is a killer on rehabs because of holdings costs and the right market timing on selling.I would find out if your market is REO or short sale driven.I have other broker friends across the country that list REO for residential.Big banks are almost finished working out a settlement with the government on the ROBO fiasco.Word is later this year banks are going to start shredding the backlog of shadow inventory.This will put extra downward pressure on many markets for price and concessions given to buyers while increasing holding times.What I tell investors is to analyze at what percentage your market is stabilizing,appreciating,or declining.What you know is what the market is doing today.It's hard to predict the market in a few months when the rehab took longer than expected.I would price it within the bottom 50% of Actives given they are not grossly overpriced.Pay more attention to the recent sold's.You do not want to chase the market down.I don't know how many times I have seen sellers of any property type price high and chase the market down.If they would have priced correctly they would have sold much faster and for more money in a declining market.It sounds like you bought into a marginal deal with heavy holding costs and longer repairs.Best thing to do is too dump it quick and move to the next one where experience will get you better margins going forward.Good Luck
Richard Warren Socialism: A Clear & Simple Example
10 April 2009 | 7 replies
All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great; but when government takes all the reward away; no one will try or want to succeed.Could not be any simpler than that....
Richard Warren Is the VAT coming?
29 March 2010 | 4 replies
It may be the only way to generate the massive amounts of revenue needed to pay for all government obligations.
Shane Bryan Custom Built Home on Private Lake
27 April 2010 | 13 replies
I just pulled a ski in/out townhome that should rent at a higher than normal rate due to location and they averaged 180 days for the past 2 years.While knowing nothing about the Estes rental market, i would assume that Nov, Dec, Jan, Feb & perhaps March are slow times while Trail Ridge is closed and the town is fairly quiet.If you are talking to prop. management companies, make sure you get a hard copy print out of a similar property.
J Scott The Largest Street Gang in America
15 June 2010 | 18 replies
This is even true of other government employees such as immigration officers at airports, security people at the airport screening places, etc.
Dave Savage Presentation to Sellers
29 April 2013 | 5 replies
The only paper they get is my offer, maybe a print out of a nearby comp that supports my offer.
Joe Cisneros Rent and invest or buy and live?
8 June 2008 | 7 replies
I live in California in the Central Valley and I am currently renting for $715, its not close to $1000 but I have always been told that it is best to start investing in real estate by buying your own home and then turning around and selling it in 2 years seems how the government lets you put the profit in your pocket.
James H. What other business(s) do you participate in?
5 May 2012 | 11 replies
I started my entrepreneurial career with an offset printing company which I had for over 10 years, sold out to get into what I really wanted to do - Real Estate, but kept a small portion on the side for extra cash flow.
Dee W. REI Education is Daunting
22 May 2012 | 17 replies
I will be printing this out as a reminder.