Trey Guerieri
Cheap Houses with High Rents = Good Cash Flow in Jackson, MS
13 August 2008 | 0 replies
Ideal for the buy-and-hold investor.
Shanita Parker
I need license advice, quick!!
17 August 2008 | 7 replies
So to get around this and play the game you just hire on a licensed professional florist for 8 hours a week and you are good with the state.
Michael Shadow
Who's the greatest Real Estate Investor of all times?
2 July 2009 | 27 replies
More....I once played golf with a friend of a friend who I knew a little about.
Frank Adams
Third time the charm?
18 August 2008 | 3 replies
It's been a PITA sleeping on an air mattress and working instead of playing golf every day, but maybe this time it stays sold.Yay me!
Alex Price
Does Michael Phelps really eat 12,000 calories a day?
9 February 2009 | 37 replies
I have played many sports and many for years, football, baseball, basketball, soccer, golf, swimming and water polo.
Dave Kennedy
Analyze this deal - From bigger pockets
20 August 2008 | 4 replies
Im not sure what I did to get my gross rent number, just must of fat fingered it. 4650 is correct.The tax shelter/appreciation play is the only thing that makes sense.
Rob Rey
Same last name as foreclosed party, will bank nix my offer automatically ?
27 September 2008 | 11 replies
I deal primarily with REOs working with clients on the purchase of them (About 75% of my business).Banks and AMs have a process they use to look at offers, some pay attention to the names coming in on the contracts, some do not.If you included a letter stating you were not associated with the other party, you should be good.During a multiple offer situation, this is USUALLY how banks view offers, in order of importance, and these do have a great effect with who they do choose to be the one to buy the property.Purchase priceClosing costsFinance typeEarnest Money DepositI've had buyers to win contracts over other bidders not by purchase price, but by the fact they had cash to close, or were willing to put down $10k as compared to another buyer's $1k.
Derek Decoste
option fee and 1 more question
10 September 2008 | 6 replies
I've also heard of 3% as typical. 2) As little as possible, ideally zero.
Preston Hamilton
Short sale involving a land sale contract
10 September 2008 | 0 replies
I have seen this idea used in other states, in affect, the seller did not have the legal right to extend financing at the time the note was agreed upon, at least thats how it played out in a deal I saw go through in Arizona.
Mitch Freed
Subject To Underlying Mortgage
1 October 2008 | 8 replies
Of course I would want to get my own policy to cover the house but in the case of a fire/loss how would that play out?