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31 March 2017 | 13 replies
and you should watch out as an old shark like that knows way more than you!
2 March 2016 | 10 replies
Obtain my driving license (only available slots in my area are on weekdays) and 2.
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21 September 2014 | 4 replies
@Paul LaSpina I second property shark.
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2 August 2015 | 21 replies
Some forms of equity isn't always easily accesible.A project with razor thin margins but from an applicant with an almost perfect credit score, doesn't necessarily soothe the nerves of the hard money lender.
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17 June 2015 | 13 replies
Enter new to home buying guy and wife looking to buy a home in San Antonio to live in then rent out.Home listed for $220k it was a flip and was purchased for $60k less than a year ago.Exterior looks wonderful, inside looks great.Original 100yr+ hardwood floors, everything looks very shiny.As we are walking around we start flipping switches, flushing toilets etc.One toilet in particular makes a very gurgly sound that doesn’t seem right and some hall lights don’t work.Our RE agent is all about telling us to hire a General Inspector which will cost about $400 to inspect the property and tell us if anything needs to be fixed.As we look around we start to see more problems.There is a place in the roof where the roof has raised away from the house leaving a sizeable hole to the attic.There is no drip edge along the roof.The breaker box has empty slots in it that let us see into the drywall.Knowing this was a flip we investigated on another Texas State website to look at all the filed permits for the new electrical, plumbing, HVAC, and roofing, and got nothing.No permits filed at that house.Red flag?
29 August 2015 | 15 replies
Since you say there are two doors underneath, a possibility (assuming this structure is level with the rim joist) is to slot the rim joist and cantilever 12-16' 2x8 or 2x10s to take the point load at the house, and then locate the outer beams properly.
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28 November 2018 | 23 replies
I'll say too, my opinion of HMLs has changed over the years, they all aren't loan sharks (but many are) and there is a real lending niche they serve, especially for flippers.
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27 April 2016 | 4 replies
I get it that everyone wants to come to the party, especially now with prices having risen fairly dramatically, but sometimes I wonder if the Bigger Pockets room is akin to standing on the floor of a casino where a few people have won dramatic sums in some of the "skills" games (poker, blackjack, etc), and everyone else starts running out into the hallways begging for money to drop in the slot machine so they can get theirs too.Anyway, it seems an interesting philosophical question to ponder, and I'm curious what others may think!
12 July 2017 | 1 reply
Now, the management company wants to fine me for going over our move-in time slot (which is loosely stated in the rules, but not the point).
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4 June 2017 | 21 replies
You are in shark infested waters in the co-wholesaling world.