Erica Patterson
Structuring a land purchase with owner financing
28 May 2024 | 2 replies
I would connect with a closing attorney like Sperry & Hatley or 24 Hour Closing.
Steve K.
What Happened to Ken and Mike?
28 May 2024 | 3 replies
After investigation with the community management team, I made the decision to close both accounts for various violations of our forum rules.
Alana Reynolds
Which is better in your opinion
29 May 2024 | 6 replies
Yes, 0 cash flow is a negative CoC return, but, if you're just paying costs to close the loan, you keep all your cash and put it somewhere else.
Heather Rummel
Renting Rooms in my house
29 May 2024 | 5 replies
@Heather Rummel I’ve house hacked for close to 30 years and never had any problems.
Bob Asad
Arkansas Tax Deed Tips/Advice
28 May 2024 | 3 replies
They also have a 90-day litigation period where the former owner can contest the tax deed sale and take you to court.If I bought a property (or land) and want to re-sell it within a few weeks, what forms/documents do I need to give to the new buyer?
Mitchell Rosenberg
Pros and Cons of Buying a Fixer-Upper in Today's Market?
28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.
Nick Crider
First time buy/rehab/hold
28 May 2024 | 0 replies
I wanted to use net from that sale to make another purchase.
Nick Crider
First time buy/rehab/hold
28 May 2024 | 0 replies
I wanted to use net from that sale to make another purchase.
Ian Hogan
Springfield MA MultiFamily Market Update - April
27 May 2024 | 0 replies
Sales remain healthy and at relatively the same levels over the last few months.
Jean Joseph
Selling Tenant Occupied Property
27 May 2024 | 2 replies
I have a question: i have a tenant occupied property going up for sale do i let tenant know or not & why?