Brian Jones
Beginner Investor, Advanced Location!
17 June 2013 | 14 replies
Also, what do you think of sites like rentometer - are you seeing any accuracy with the reported rents in your OH markets?
Dylan Gelbard
Looking for a Mentor/Someone who can teach me.
15 June 2013 | 4 replies
A big thing that will help you become successful is consistency and persistence. 2 Qualities I rarely see in younger people.
Neil C.
Wholesaling in Southern California
4 August 2014 | 6 replies
It takes a lot of consistency in your marketing.
Brian Knox
Am I overlooking something?
20 June 2013 | 8 replies
Owner finance (similar to contract for deed if that is legal in your state) is a good way to get out of your situation, with the possibility of making some money on the deal.Ask for at least 10% down and figure out what interest rate you would like to charge (depends upon their credit, I suggest nothing less than 8% even with impeccable credit.)You can use a mortgage loan calculator online to get the amortization table, and there are companies out there that will 3rd party service the loan and report to the credit bureaus for you.I suggest finding a real estate attorney in your area that has done these to structure it correctly for you.
Brandon Turner
Evicting someone with "special needs"
17 June 2014 | 15 replies
Brandon Turner Taking pictures through someone's windows, whether nude or not is ILLEGAL, and you can call authorities to report that.
Burt L.
Is This Sewer Line Alright to Wholesale?
15 June 2013 | 2 replies
Still, he had to write on the report "Recommend Spot Repair of Dip Section at some point".
Jimmy Moncrief
Ask Me Anything - I'm an underwriter and an investor
11 October 2017 | 45 replies
Hey Jimmy, how can I become pre-approved for my primary if my main job is inconsistent income where I have reported $100k one year and 0 the next?
Christina R.
Could this be a deal?
17 June 2013 | 5 replies
Just a good rule of thumb).As for whether that's worth it for the deal, that's really up to the buyer, but a 2006 National Association of Home Builder's report says that it averages about 11.5% of the value of the home.
Account Closed
Property sitting
19 June 2013 | 15 replies
Not reporting it on Schedule E does not mean that it is not investment property, but certainly helps shows as part of your pattern of holding for investment.
Justin Foster
Opportunities in a small vs. large city?
19 June 2013 | 8 replies
If you market constantly and consistently, you will find opportunities.