Brad Kirkwood
Invest in RE or debt payoff
19 September 2014 | 15 replies
I've read the UBG, Rich Dad, Poor Dad, and am almost finished with Building Wealth One House at a Time by John Schaub so another book is to be on my radar soon.
William Hochstedler
Disposition of furniture included in lease on sale of property
30 September 2014 | 6 replies
When the financing fell through and Trump filed BK for the umpteenth time, the contractor changed all the codes so no one could use the elevators to finish the construction.
Lisa Foster-Bryant
First Deal Need Help
22 September 2014 | 11 replies
If it was that easy, the owner would finish the job himself and max out the equity in a retail sale.
Dion DePaoli
Why to invest in Notes?
20 October 2015 | 90 replies
I don't think we have an expertise in looking at real property and coming up with super nice finishes which attempt to push the maximum of the neighborhood values.
Carlos Velasquez
I am in the process of purchasing my first buy and hold multifamily
8 September 2015 | 22 replies
I just finish doing the 2% rule and it does not work out.
Mark Breaux
Looking at a property on a major street
25 September 2014 | 7 replies
Major factor here is who the house will appeal to, if its a house that likely would appeal more to a family with kids (which most houses are) than the fact that there is a busy street in front of the house will instantly remove it from being an option. also, busy streets only tend to get busier over time therefore property value tends to just continue going down. there is a recent property flip that I passed on because it was on a busy street. large home with comps in the $350K range, it was for sale by the bank for 150k and another flipper bought it, I was too scared to even offer on it because of the street. they finished the house very nicely and they have it on the market for 250k right now. thats $100k below its comps that are just 1 street over. its been 3 months and the house is still for sale, he probably doesnt want to drop price because he likely has little to no profit left.
Matt M.
Trading a Remodeled Condo for another plus cash???
18 September 2014 | 1 reply
I am two weeks away from finishing a rehab in an active condo development in Denver.
Chip Chronister
how to save on new construction
29 September 2014 | 16 replies
Just don't overestimate your abilities, I have seen a few people burned that thought they were going to finish the inside themselves.
Larry Turowski
Are you Ioss averse? Watch out!
10 October 2014 | 4 replies
This makes us take on higher risk.When the tenant doesn't pay, we hate the idea of losing rent so we let them stay and hope they pay as promised.When the cheap contractor doesn't finish the job or doesn't do it right, we hate to lose what we've already invested in the project and hate having to pay even more to do it right.When I knew the house would be a loser, I doubled down like a gambler when I should have walked.Don't let loss aversion make you risk tolerant!
Drew Clements
Transitioning to Real Estate from Self-Employment (Non Real Estate)
26 June 2015 | 8 replies
.- I've finished remodeling my duplex and have it listed for sale.- Once our property sells, I'll be moving my family (didn't mention this before, but I have three kids under the age of 5, so having time is doubly important to me/them) to Utah (Logan/Smithfield) where I'll start building my real estate business (wholesaling and flipping).- Why Utah?