Will Sholy
Paying seller in preforeclosure deal
14 March 2020 | 12 replies
If you are truly trying to be of service and being honest, then you shouldn't have any difficulties with the ethical nature of it.
Joseph Cacciapaglia
Offline Real Estate Networking Strategy???
14 March 2020 | 2 replies
Although I'm an introvert by nature, I believe networking is one of my strong suits when it comes to the real estate business.
Christopher Wilchensky
Investing in Fundrise / other similar areas
1 April 2020 | 2 replies
I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
John Underwood
How do you handle maintenance and scheduled repairs
13 March 2020 | 9 replies
We just spent 10 days doing our typical "Spring upkeep"We sanded down solid wood kitchen cabinets, primed and painted them.Had a bulb burned out under the microwave.Fixed some screens on the screened back porch.Touched up some paint on the dock.Cleaned out flower beds.Steam Cleaned CarpetsFixed a bedroom door that wasn't latching properlyEtc.For those of you using a PM:Does you PM regular inspect to catch small things like a microwave light burned out?
Paul Sandhu
How old is your oldest STR?
28 March 2020 | 27 replies
But in a natural disaster, you need to take what it normally costs to rebuild a home and double it.
Alex Bekeza
Message from California Association of Realtors Regarding Covid19
22 March 2020 | 6 replies
Given the relatively riskless nature of government-backed loans and the current spreads between 10-year and 30-year rates, the cost of 30-year fixed rate mortgages could come down an additional 10-20 basis points in the coming weeks.
Matt Lorentsen
Wireless Doorbell Solutions for 3 Flat?
19 March 2020 | 4 replies
@Matt Lorentsen have you looked at running regular doorbells?
Quincey Stance
A little advice on the BRRRR strategy?
14 March 2020 | 4 replies
New and learning is good.There are different types of mortgage money, different sources of mortgage money and different ways mortgage money is amortized or calculated.There is regular Fannie Mae/Freddie Mac money.
James York
New Member- Concord, NC
20 March 2020 | 20 replies
We also have a large community of 100+ local investors who chat regularly to share ideas, best practices etc. via a GroupMe and Slack chat so if you’d like to get plugged in let me know!
Adam Craig
Tips on scaling need private money lenders?
16 March 2020 | 2 replies
Many people actually say if it's more of a regular person rather than an investor it's easier to sell them on 8% than 16% because they assume at 16% if must be risky.