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2 December 2019 | 2 replies
Has anyone used Express Homebuyers, MarketPro Homebuyers or another big name wholesaling company?
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6 December 2019 | 41 replies
@James Free - I think you have articulated the issue in a way that a lot of people want to, but maybe unsuccessfully struggle to express.
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3 December 2019 | 3 replies
But so far American Continental Bank, American Plus Bank, Wells Fargo and Banc of California(my wife works here).
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9 December 2019 | 6 replies
@Troy EgarOne way of beginning to gain an understanding of your market it by looking at the relevant data.Data sources such as the American Community Survey, also known as the annual Census, can help you judge a location by considering key market indicators, which I list below.Some of the metrics that I find valuable to understand are:- Population Total- Population Age - Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime Statistics Also take into consideration the direction in which each of these market indicators are trending.
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3 December 2019 | 2 replies
I suggest targeting a few cities, which you can select by looking at the relevant data.Data sources such as the American Community Survey, also known as the annual Census, can help you judge a location by considering key market indicators, which I list below.Some of the metrics that I find valuable to understand are:- Population Total- Population Age - Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime Statistics Also take into consideration the direction in which each of these market indicators are trending.
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3 December 2019 | 2 replies
@Robert GoldmanWell Robert, I'm just a small tater is the big garden that is bigger pockets but I've got a entry for this contest.I was told about a property that was going to be let go for taxes in 6 weeks.I approached the owner expressing interest in purchasing it.Owner stated that the taxes were more than it was worth.I told him I'd pay for the title work if he gave it to me.He did.I sent a crew in at closing to clean it out and mow the lawn.Posted it for rent, rented in 48 hours and got first and last which paid closing costs.Worked out a payment plan with county for past due taxes.Collected rent for 19 months and applied all net proceeds to tax debt.Paid off in full in 19 months.
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26 December 2019 | 15 replies
A friend suggested I join this site immediately when I expressed interest in real estate investing.I am trained as a near eastern archaeologist and teach at UCLA.
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3 December 2019 | 2 replies
Are the laws in the US different for non-citizens vs. for Americans?
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5 October 2020 | 10 replies
And I also live far from the United States and am not an American citizen.