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12 July 2024 | 79 replies
All my rentals are in Kansas in a city that David Greene like to pick on as his Midwest scapegoat (although his criticism isn't totally unfounded, a company there did just land an over $1 Billion government contract so I am happy with my city choice).
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9 July 2024 | 20 replies
We are part of a group that has a structure and rules governing syndications within the group.
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12 July 2024 | 40 replies
There are dozens of these publicly traded and SEC governed.
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3 July 2024 | 3 replies
If “wholesaler” (used in the sense of contract flipping, not people who close on purchase and resell) were required to disclose in writing to home sellers that they are not purchasing the home, are only trying to “flip” the contract, and the sale will only close IF a buyer at a higher price can be found, would this eliminate the need (if a need does exist) for government regulations being enacted and or for “wholesalers” to be licensed real estate agents?
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5 July 2024 | 8 replies
You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.
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7 July 2024 | 11 replies
Heck probably because he could easily pay off his $700,000 personal income tax delinquency in California in which he is listed on CA's government website as tax deliquent and it was just updated 6/6/24.They want to charge me with extortion for telling them to make the situation right, to not rent that house out to anyone else before making repairs, and to give me a portion of my money back for the rented house or I wasn't going to let up on reviews.
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6 July 2024 | 8 replies
Or contact the government agencies that would have information in connection with these properties?
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10 July 2024 | 256 replies
By accepting membership, Members are agreeing to assume an obligation of self-discipline that goes above and beyond the requirements of laws and regulations.RMAI’s Code of Ethics is a written set of norms governing the professional conduct and behavior expected of its Members and their employees/agents.
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7 July 2024 | 36 replies
When I left, apart from the normal political shenanigans, it was very well run with a strong government presence, military renters, and organic business growth that wasn't dependent on tech cycles, credit crunches, etc.
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6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.