Molly Arnott
Live in Flip in Sonoma, Ca
27 November 2018 | 1 reply
We ripped off the "indoor jacuzzi room" and breakfast nook because they were horribly done additions that were already falling off the house.
Dominique Mickles
Financing on a "Short Sale''
26 October 2018 | 14 replies
That's usually a discounted price to attract buyers.Two, a shortsale means that the owner owes more on their mortgage, plus penalties and fees than the house is worth.
Rashad S.
Rehab Bids Per Square Foot
30 October 2018 | 7 replies
I’m an investor in Atlanta Georgia and I’m used to getting rehab quotes from GC’s that are between $35/sqft (not too much walls need to be moved or roof or anything) to $65/sqft (everything needs to be done) to $85-$100/sqft (new construction or additions).I read about and have ran into other investors who say they can do a full rehab project for about $15/sqft !!!!
Greg H.
Discount for Paying Property Taxes Early in Texas
27 October 2018 | 9 replies
Just a reminder to check and see if your taxing authority gives you a discount for paying by October 31st.
Anthony Mikolich
HELOCS and rental properties
27 October 2018 | 9 replies
@Anthony MikolichThere are several banks that do HELOCs on Investment Properties.The one that I know is East West Bank: East West BankI understand there are a lot of suggestions to do a refi, but there are two problems with that:1) That's not what the OP asked and 2) There are REAL reasons why to use a HELOC... which is why it's a Loan Product that is available.HELOCs give you another choice to use money temporarily and is better than HARD Money.I will wind up getting huge discounts on properties with an All Cash Offer.The discount I get can be upwards of $100k on a $1.5 Million property.BELIEVE ME.... it is worth it.
Ryan Champin
First Time Buyer in NJ looking for help!
1 December 2018 | 6 replies
Feel free to reach out if you have any additional questions.
Robert Green
What do you get permits for?
13 January 2019 | 6 replies
Additional units in rentals and removing walls in flips.
Joey Newton
Quadplex Question for a newb
29 December 2018 | 51 replies
Those additional expenses have an effect.Now, if you're going to manage the property yourself, the PM can be ignored if you want, altho I'd prefer to include it anyway.
Neil G.
CA Seller Reveals is Licensed RE Agent as a 'Counteroffer'
2 February 2019 | 18 replies
Then MEH, there could be a hundred reasons from the verbiage never transferred across some internet site, to the listing agent forgetting to add it, to the guy having not done anything with his license in years and just remembered he has been paying the $50 every two years to renew it with the state, but hasn't belonged to the board in years.
Michael Bacile
First time investment/ property manager?
30 October 2018 | 12 replies
These are professionals with additional training and a stricter code of ethics.