Carlina Burford
I can't get any deals without proof of funds
22 April 2018 | 30 replies
Real Estate transactions typically need to be in writing.
Andrew R.
KC Appraiser recommendation
19 April 2018 | 5 replies
Appraisers don't typically work for anybody but the lenders.
Kayla Wagenmann
Newbie here! Would it benefit me to get my real estate license?
19 April 2018 | 33 replies
I do not have any intention of selling/buying with clients full-time; however, I find that I typically work 3-4 transactions annually for myself or friends/family.
David Sanford
Left your 9 to 5? tell me about it!
18 April 2018 | 2 replies
I currently have 6 rentals with 3 more set to close here in a few weeks. these are "easy" to manage with my full time job bc I typically buy turn key rentals but I really want to focus all my time and attention into wholesaling and flipping. however, my contract with the army does not run out for another 20 months..
Jeff Howard
How does a short sale work? I think I know, but am I correct?
19 April 2018 | 4 replies
Wait: This can take 9 months to a year, but typically only takes 2-3 months..
Edward R.
To Sell or not to sell and RENT
22 April 2018 | 5 replies
Listing the home for sale will be $169K Then I threw it on a website for rental at $2200 and there was alot of interest in renting it (and from what I could tell they were professional/career people which is typical in the area).
Cyle Burns
HELOC in Rhode Island
18 April 2018 | 4 replies
Typically the high LTV HELOC and HEL only apply to owner occupied since you have more skin in the game to pay it back.
Trevor Baker
Considering Tarzana off-market Fixer for $620K. Is that crazy?
20 April 2018 | 14 replies
I wouldn't call 810k an anomaly....There are weird neighborhoods where you have 10 typical 50s style homes in a row which are randomly eclipsed by some 6 bedroom brand new house.
Peter Sik
How much rent do you increase?
19 April 2018 | 10 replies
Typically at market rent the empty unit is rented in a single showing often with a move in on the first day that unit is available (so my turn over costs are not high).- Do a rent survey to determine market rent for your unit.
Jessica Brown
Make an offer or let it go?
20 April 2018 | 44 replies
I prefer to believe that the responses were meant to be blunt rather than meant to be hurtful.Rules of thumb have so many exceptions that they typically do not make very good rules but ...There is a 75% rule that is generically what investors desire to pay in total of the ARV price.