Jordan Lucas
Real estate agent at 18
20 May 2019 | 92 replies
@Charles Kao that makes a lot of sense and I appreciate your response and an alternate way of doing the thing I want to do!
Jordan Lucas
College degree for real estate agents ??
10 July 2019 | 164 replies
Not an English, music or arts degree - unless you want to teach.Another alternative is to consider trade schools.
Patrick Fermo
Alternative Ways to Find Comps
16 May 2019 | 0 replies
Hey Ya'll,I was just wondering what other options there are besides the MLS for finding and analyzing comps for our subject properties? Or do you have to have a realtor who can access the MLS compile a list for you? T...
Fahim Kayed
[Calc Review] Help me analyze this deal
17 May 2019 | 5 replies
I put in that low value because we plan on rehabbing the house to a fairly new condition so I am assuming we wont need much repairs or CapEx for the first few years.The tax rate in philadelphia is about 1.4 so i rounded up to 3600 per year its more like 3550ish.I was looking to see if there were any alternatives to this waiting period, I found one lender who does not require a seasoning period but the LTV was 70% and 6.75% for 30yr, which would leave some cash in the deal.For closing cost the buyer is paying all of the transfer tax which is close to 4.3%($6500), as well as 2 points for the Hard money lender, and title search/insurance ect.Yes the first loan is a HML.That 15k is a mistake, thats for catching that, I added in transfer tax again, it should be closer to 3000, as the lender is not charging any points only a $500 doc fee and title, insurance and escrow cost.
Mike Curley
Partnership with per unit investors
19 May 2019 | 8 replies
The alternate route (when the investment amount is lower) is to give all partners in a JV some sort of active role and keep accurate records of it.Best!
Ryan Magdanz
Anyone have experience with De-Registered Homes?
20 May 2019 | 1 reply
The bracing in the ceilings aren't strong enough to support drywall, so when you do your renovations, you will have to find alternatives and get creative on some things.A friend recently flipped a mobile home.
Cody Proctor
Financing a 4+ unit property
20 May 2019 | 3 replies
As an alternative, I would focus on networking and building a network within your community.
Dena Schlutz
Primary Residence to Investment w/out losing $500k tax exclusion
20 May 2019 | 1 reply
There is an alternative option that's one of the rare times an S corp may be recommended for holding a rental and this is it.
Takahito Torimoto
Lots of beginner questions (single family rental properties)
16 June 2019 | 6 replies
The alternative is to create and execute your own marketing campaigns, but I truly don't recommend this option!