Brendan Turner
First House Flip Strategy
2 October 2018 | 4 replies
Since I'm getting paid very minimally I am very far-fetched from being able to put money down for a loan...especially here in NJ where home prices are WAY up there.Research my local market and find a home that I believe to be flipableSince I'm not super knowledgeable yet, I then plan on reaching out to an experienced local Real Estate Agent and asking them their opinion on the property.
Andrew Pfleger
how to jump in to the deep end...
3 October 2018 | 3 replies
We have purchased a 4 unit just a week ago that we paid 50K for the property but added 20K for improvements flipped a unit the week after close and raised rent $125/mo.
Michael McConlogue
What would you do in this situation?
2 October 2018 | 5 replies
But an investor friend told me to leverage everything and when there paid off refinance them again.
Aaron W.
Odd Situation with Tenants (I am the landlord)
4 October 2018 | 18 replies
If Tenant isunable to occupy the Property by the 5th day after the Commencement Date because of construction on theProperty or a prior tenant's holding over of the Property, Tenant may terminate this lease by giving written noticeto Landlord before the Property becomes available to be occupied by Tenant, and Landlord will refund to Tenantthe security deposit and any rent paid.
Adam Yetter
LF Pre-forclosure data service company
3 October 2018 | 6 replies
I’m looking for a service or website that scrapes all the relevant data (date of deed, original loan amount, address etc) from forclosure notices when they’re published in my area, and then turns that data into a 1 pa...
Nathan Gesner
Tenant craps on house...literally
2 October 2018 | 16 replies
She's lived there for over three months and hadn't set up her own utility accounts or paid her deposit.
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
24 April 2019 | 2 replies
In others, the "closing" is a meeting where all of the documents are signed and money changes hands.closing costsClosing costs are separated into what are called "non-recurring closing costs" and "pre-paid items."
Harvey Yergin IV
How to structure private money deal
4 October 2018 | 5 replies
Standard acquisition fee is 2% of the purchase price paid at closing and asset management fee is 2% of the collected income (paid either before or after the preferred return - your choice).
Alexander Ewald
[Calc Review] Help me analyze this deal
4 October 2018 | 2 replies
Surrounding homes are around $200k + with similar plot size and sq. footage.I put in 40k desired profit to cover $15,000 paid to lender plus in the closing costs a point fee of 3% (Agent fees portion)These numbers look average correct?
Frank Wolter
Out of State investors getting ripped off, heed these warnings!
25 October 2018 | 55 replies
The sponsor shouldn't get paid out of the CF until the investor gets paid...