Jorge Abreu
Deal or No Deal: The Underwriter's Playbook ✍️
16 April 2024 | 2 replies
It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.One key aspect is the cap rate, which is a big player in determining a property's value based on its income compared to its price tag.
Shawn Dandridge
Buying HOA Liens
15 April 2024 | 26 replies
It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.
Jacob Lopez
Tools/programs you recommend for calculating monthly rental estimates?
16 April 2024 | 16 replies
I usually look through several places but one of the most consistent tools I've used to do a quick check on potential rental rates is Rentometer.
Spencer Speckles
Why would a seller would consider seller financing
17 April 2024 | 9 replies
if you do not need the cash Can you get more money charging interest to the buyer and potentially a higher sale price.
Chirag Rathod
Does it make sense to finish & legalise a basement as Additional residential units?
14 April 2024 | 5 replies
Estimates we are getting from the contractors to build in 2 legal units is between $110k-$150k.
James Sudarsono
Can only one member of a multiple member LLC change to an S-corp?
16 April 2024 | 2 replies
Shareholders also must be U.S. citizens or legal residents.
Bryan Avery
Take a Paws
16 April 2024 | 0 replies
Income potential, location and price of property How did you find this deal and how did you negotiate it?
Carrie Zhang
Insurance Premiums and Weather Events Impacting Occupancy
17 April 2024 | 10 replies
I'm curious for those of you who currently own investment properties in those areas: Are you worried about insurance premiums skyrocketing and potentially being left without property insurance (like some places in Florida)?
Preetinder Singh
KW vs Coldwell Banker
17 April 2024 | 15 replies
That includes potentially checking out multiple brokerages in the same franchise.
Zachary Rodriguez
Chasing Generational Wealth
16 April 2024 | 6 replies
You will learn alot of lessons quickly, build wealth, and potentially lower your cost of living.