Marco Pangilinan
Bathroom Tub and Tile Re-glazing in Chicagoland
17 April 2020 | 13 replies
I get it, they have to have someone come out, do all the labor, etc. when the world we live in materials are cheap and labor is expensive, hence why you toss your toaster out when it stops working instead of taking it to the repair guy.
Jm McNabb
Is seller financing a safe option
12 April 2020 | 8 replies
Also called an AITD or All Inclusive Trust Deed; the buyer is using the "wrap" loan to make payments to the seller, who in turn continues paying on his original loan while deeding the property to the buyer; the original lender must agree to waive the "due on sale" provision in the original loan; can be an alternative when seller financing won't work because of the seller's loan on the property; original lender may grant permission for a "wrap" to be created; the buyer may qualify to assume the original loan; getting permission to "wrap" from lenders is not easy; there is a temptation for buyers and sellers to create undisclosed wrap agreements; lenders may commission ongoing research of title records looking for undisclosed liens; if discovered, the original lender can foreclose on the seller and the buyer would lose everything, including their down payment.
Nick Seginowich
Both owners have died and the daughter wants to sell, can she?
13 April 2020 | 11 replies
@Nick Seginowich. https://fordbergner.com/legal-practice-areas/texas-probate/alternatives/Check this out.
Troy Forney
Retirement plan, all in with real estate or diversified portfolio
11 April 2020 | 7 replies
I agree that diversification is key to any good financial plan, and you need to think in a broad sense across all of your portfolio (taxable and tax-exempt) when making allocation decisions.That said, there are a lot of alternatives to the stock market that you can look at besides direct ownership in rental properties which you are already doing.
Jack Fernandes
Investing With a Broker's License?
13 April 2020 | 43 replies
Alternatively, if I'm listing my own property, I can agree to pay the Buyer's agent a split, and pay $0 on the listing side, however a minimal of $250 per transaction and likely a minimal Broker Review and EEO fee will be required by the Broker.
David Chase
Real Estate Agent Career
13 April 2020 | 10 replies
Downside you might lose 600 bucks on study material and fees, upside is potential to earn six figures.
Marcus Thomas
Decor - flooring, cabinetry, kitchen, lighting
11 April 2020 | 0 replies
My goal is to create a great home experience for the renter, but doesn’t cause me an arm an leg in material cost ( as most of us probably want).So far flooring will be vinyl.Kitchen countertops will be granite .Soft close cabinetry in kitchen.Any suggestions will low coating materials for the bathroom , appliances ( kitchen) and bedroom which will give great value but will be relatively cheap for me as an investor when purchasing?
Josephine Nartekie Botchway
Budgeting for a Refurb
11 April 2020 | 0 replies
Do you buy materials yourself or let the contractor sort that out?
Jack Fernandes
King or Queen of Lowballing?
13 April 2020 | 43 replies
I personally am a huge fan of wonky strategies in alternative investments.
David Martin
Short Term Appliance Rental
15 April 2020 | 5 replies
Thanks for the alternate options, was thinking maybe a stager might have one.