David Rutledge
How to find seller financed homes for sale
17 March 2024 | 24 replies
He is ONLY willing to sell by owner financing.I am not a tax expert in estate taxes, but my guess from knowing others who have had similar situations is that IF he sold it outright for say 300K, he might have 75K of taxes.
James Kim
Rent renewal at decreased rate?
17 March 2024 | 15 replies
Hello,I'm wondering if anyone has been in a situation where your current rent on a sfh is such that when you rented in last year (or prior year for those that experienced this a while ago) the rent was the average for similar homes, but currently (as the lease is coming up for renewal) the average has actually gone down.
Lisa Martin
DSCR loan rate
17 March 2024 | 18 replies
You will see negative hits to pricing with smaller loan amounts though so you may see a higher rate/fees for your situation.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
Instead, it appears to prioritize rehab teams that are more interested in low-quality flips rather than meeting investor expectations.In summary, it's a suitable option if you're fine with fixing issues later, which becomes inevitable when projects are not given the proper attention, and teams resist feedback – a situation I'm currently facing.
Gerald Huber
Just getting started and looking for knowledge and mentors
17 March 2024 | 2 replies
If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)
Raja Shan
Financial incentive for the tenant to move out?
15 March 2024 | 10 replies
There is still 5 months to go but I want them to leave in spring (April) so I can put my place for sale.Questions-1) Willing to offer a financial incentive for them to leave.
Brandon Curry
What are my options when my escrow shortage causes higher payment
16 March 2024 | 8 replies
This could include recent property tax assessments, insurance quotes or invoices, or any other relevant financial information.Another option is to contact a real estate attorney or financial advisor to review the escrow analysis and provide guidance on potential next steps.
Evan Johnson
First Day Of My Real Estate Journey!
17 March 2024 | 4 replies
Also, read below and save yourself some potential headaches:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (use as a template to figure out Grand Rapids area!)
Andreas Mueller
The President’s New Housing Proposals are .... Problematic
17 March 2024 | 4 replies
Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all you tubular dudes and dudettes out there.What am I listening to?
Dan Johnson
Open house for LTR
17 March 2024 | 3 replies
There are no laws against it, and it can be an effective technique in the right situation.