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21 October 2018 | 2 replies
I just wonder how much buyers (the market and appraisers) care about everything being brand-spanking new and never used.
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22 October 2018 | 13 replies
My wife is from Japan and all her friends and family want to buy brand new mansions or SFHs because interest rates are very very low.
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26 October 2018 | 3 replies
I met with a FSBO today who bought a property for 90 k a year ago that needs 80 k in rehab, but most of the comps are at 150k.
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23 October 2018 | 6 replies
@Andy Mirza , I bought the note after it had already been crammed down due to a lack of equity at the time the borrower filed.
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23 October 2018 | 6 replies
Don't get bogged down with branding activities.
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22 October 2018 | 15 replies
Treat this the same way you would any other type of new business, whether it be a grocery store, auto repair shop or landscaping business.
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3 November 2018 | 6 replies
@Don Carey My clients and I usually wish the Sellers well and tell them that, if they ever change their mind and want to take our offer, to give me a call and if we haven't already bought something else, we might be able to work out a deal. 2/3 of the time you never hear back from them, but sometimes you do.You know what you're willing to pay based upon your business model and stick to it.You as the Buyer have the right to offer what you are willing to pay.As the Seller, they have the same right to ask for what they want.Sometimes the parties come to agreement and sometimes they don't.You're not doing anything wrong.
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25 August 2019 | 8 replies
It began when I bought a Cabin just outside of Gatlinburg and started using it as a V/R though Airbnb.
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21 October 2018 | 3 replies
So I tend to be really conservative and don't purchase another property until the last one I bought is paid off.
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22 October 2018 | 6 replies
Rent it out (refi or heloc)Bought Aug 2017: 128500Renovations: 6000Appraised in 2018: 185000Overhead: 1350/month (Mortgage, ins, tax, HOA)Potential Rent: 1700-1800/monthThere are plans in the next few months to break ground on a new high-rise fifteen feet from the balcony of my unit which would completely block my view, a HUGE selling point for my building.The new building next door will be a high end hotel with nice restaurants on the first floor so long-term it would be good for the area.