
1 January 2014 | 11 replies
If this is owned by a small local bank that maybe did a portfolio loan before foreclosing, then maybe the bank foreclosed but kept the tenant since the bank knew that the property had positive cash flow.

31 December 2013 | 13 replies
Everyone is different, but if you focus on the 'wins' (or positives) the negatives are less imposing.

5 January 2014 | 7 replies
So I feel that Flipping/Wholesaling is the direction I want to go, using hard money loans and eventually leading us to purchase a multifamily unit in New York using an FHA loan so that I can live there and continue working in a firm, while living in a property with a positive cashflow.

7 January 2014 | 8 replies
Although, many on this site report positive outcomes.I could use a word of wisdom on how one proceeds with this venture without making predictable mistakes.I would greatly appreciate feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SFLot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836

27 January 2014 | 16 replies
as far as End Buyers are concerned, how do I best secure my position with out having this person go right to my buyers directly.The wholesaler states that the bank is not allowing him to provide all the details about the properties until PFO & LOI are received (hence question#2) and with the amount of properties that he has at the moment for me to help him with, and REO's can't be assigned, how do I structure my agreement with buyers to secure my fee?

2 January 2014 | 2 replies
#3 You could also talk with a few neighbors and get their honest feedback as to positives vs. negatives in living there. #4 I think a local realtor could also effectively weigh in on the value of the property as it relates to the school (ie resale value after flip or down the road).All the best!

7 January 2014 | 3 replies
Verify all you want.I know your question was a mailing question however I just want to encourage you to find multiple methods of reaching people who will respond positively if you simply find a way to add to their lives.

28 January 2014 | 8 replies
Large plexes won't give you a positive rating or a negative rating.

2 January 2014 | 11 replies
If you had made plans prior to today to allow them to move in sooner why not, it does start the relationship off on a positive note.

3 January 2014 | 4 replies
I so look forward to connecting with others in the real estate community to learn and share.By getting into real estate investments, I know that I will not only make a better and more fulfilling life for myself and my family, but I will also be a role model and possibly have a positive impact on the neighborhoods that I grew up in (war zones-we'll see).Right now I am so excited, maybe too excited, to jump right in.