Rich Weese
Unbelievable projections!! Time to leave ft. myers, fl.
10 May 2011 | 6 replies
It's worse.New data just out from Zillow, the real-estate information company, show house prices are falling at their fastest rate since the Lehman collapse.Average home prices are down 8% from a year ago, 3% over the quarter, and are falling at about 1% every month, according to Zillow.And the percentage of homeowners in negative-equity positions — with a home worth less than its mortgage — has rocketed to 28%, a new crisis high.Zillow now predicts prices will fall about 8% this year and says it no longer expects the market to bottom before 2012.
Jeffery Bigsby
Has anyone successfully flipped or wholesaled a commercial property?
12 May 2011 | 5 replies
And, usually when you use your expertise without money in the deal, your sliver of the deal will be a per centage of the transaction.
Brian Davis
Private Lenders vs Funding partners in PA
12 May 2011 | 3 replies
I am more hands on.So the summary is can or should I look for Private Money lenders at a % per 1 year or should I look for Partners to fund and split the profit or should I just hire a Broker and pay their percentage?
Rachel Czmyr
HOA - fair/unfair?
14 May 2011 | 6 replies
What percentage of your fellow homeowners don't have the specified door?
Greg P.
How to save on Materials?
26 April 2013 | 32 replies
I complained that the discount coupon would have been better, and the manager gave me an additional percentage off of everything, and it ended up being much better than the 10% coupon.
Matthew Hammond
Financing for Recently Rehabbed Commercial Properties?
18 May 2011 | 7 replies
Lenders want to see AT LEAST 12 months of fixed percentage occupancy to base their lending on.Historically if occupancy over a year treaded downward or occupancy stayed up but rents started declining is cause for concern.Also the turnover ratio even with high occupancy is key.A big mistake I see by investors is they want to rehab a property in commercial and lease up and then IMMEDIATELY sell and cash out.It's not going to happen unless they partial owner finance with some down or the new buyer can assume the loan etc.I tell these rehabbers when they call me to sell that they leased up to 50% occupancy 3 months ago and now are at 80%.They want me to list based on a sales price of 90% occupancy because they believe they will be there in the next month.I tell them they need to be at that 90% at least for 6 months and preferably a year before a buyer will get a conventional loan with a great rate.If the rehabber needs their funds to pursue other deals then they need to owner finance with some down.
Account Closed
convo with seller how did i go wrong?
23 May 2011 | 22 replies
Developing your people and conversation skills will absolutely increase your closing percentages, but no matter how smooth you get you can't make a pig sprout wings and fly.You are looking for two things.
Steven Hamilton II
Ask your CPA...
1 June 2011 | 9 replies
What percentage of your practice today is in real estate?
Tom Jones
Few questions
25 May 2011 | 10 replies
I might just implement that one as well, so it is always a straight percentage each time.
Bryan Hancock
How Large Of A "Bet" (Investment) Are You Willing To Make?
24 May 2011 | 12 replies
What percentage of your net worth are you willing to risk on any given type or set of projects?