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8 August 2012 | 22 replies
They are not without problems just like any investment.Managing or not managing is a function of time.If you make a few hundred k a year you are not in most cases going to self manage.You would take a pay cut taking time away to do those activities.Instead you build in management fees to your purchase price and modeling.You still watch over the property manager but it is a phone call and watching the reports every few weeks as they come in.You are letting the management do the time consuming work and the heavy lifting.If however you do not have a job and this investment has to produce income for you then many self-manage or they purchased wrong and did not figure in the cost they self manage.This is why many of my clients prefer triple net properties.They already have a lot of money and want little to no headaches and keep pace with inflation.They like the extra 2 to 4% annual yield say with multifamily but when they look into all that is involved they say NO THANKS.
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2 August 2012 | 54 replies
Dow above 13k, Case Shiller up (all 20 cities), Chicago PMI up, consumer confidence up, price of gas down ($3 here).
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20 May 2013 | 20 replies
Yep Steve pretty much nailed it.After the consumer files a BK they have now bought months and months of time even if the plan isn't confirmed.They breathe a sign of relief and could care less about you the investor.Where the money lies is to keep tracking them on the Fed BK site and look for a motion to dismiss the case or a relief from stay filing on the house.You can get to them early this way as it takes a few weeks to a month to process out the request,the file to come out of the bank BK department,and foreclosure proceedings to start again.I do not know this person hucking a system but it is usually the same knowledge recast with a fancy name to believe it is different.
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26 July 2012 | 7 replies
Its sure nice for consumers, though!
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14 May 2015 | 7 replies
It is very time consuming to "decode" the information.
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30 July 2012 | 10 replies
Also, for what it's worth, I currently have a moderate income fourplex (not low income) and it can be very frustrating and time consuming.
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1 August 2012 | 6 replies
Go Here: http://www.grec.state.ga.us/consumer/complaint.htmlWhat are InvestigationsThe Georgia's Real Estate License Law and Appraisal Act provides that "The Commission/Board may, upon its own motion, and shall, upon the sworn written request of any person, investigate the actions of any applicant for licensure real estate broker, associate broker, salesperson, real estate course and instructors approved by the Commission, appraiser, applicant, or school approved by the Board."
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5 August 2014 | 3 replies
What are you tips to positioning myself straight out of college to enhance the likelihood of a loan without having to pay extra interest or etc?
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9 August 2014 | 3 replies
Security is enhanced in many ways.
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7 October 2014 | 19 replies
Thanks @Dave Visaya and @Brandon Turner Great @Nghi Le, my partner and I will be using all the resources we can get to eliminate a lot of the time consuming pieces of running a wholesale business.