Lauren Lucas
Military along with being a property investor.
12 January 2014 | 10 replies
My goal is to own enough that the cash flow allows us to retire, when he is done with the military.Pros-*Can use primary residents to become rentals so less money down*Get to explore tons of different towns to evaluate investment possibilities*Can use the VA loan for multiple properties as long as you don't exceed the maximum VA allowance*Understand Tenant needs and cater to them*Maximize Long Term Rental by renting to fellow military*Can save management fees by handling it yourself through the connections you made while you live in the town.Con-*Military can be a demanding schedule.
Steve Foth
Not sure what to do with this house--dad owes 50k, needs work
11 November 2013 | 6 replies
An agent's advice from five years ago is meaningless, especially if they were assessing the property to make it FHA ready.Ask an agent to come and evaluate the property for an as-is sale.
Anthony Favoroso
Real Estate Licensing? Online?
12 November 2013 | 2 replies
Be sure to evaluate whether it is worth your time and fits your overall investing plan.
John Thedford
25K Note For Sale: What Would A Typical Offer Be
17 November 2013 | 54 replies
This idea creates an optimal time evaluation where an investment can reap the boost to Total Return through the capital gain and also capture a counterbalancing series of interest payments stabilizing the return.
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
20 October 2017 | 19 replies
When you begin to evaluate the possibility of a borrower in walking away these initial motivations play an important role in valuations.Very few installment contracts were ever processed as to any qualification of a buyer, you would see an in-file credit report as Realtors made an attempt to cover their exposures with a seller.
Lance Pualani
Earnest money and proof of funds.
21 September 2017 | 15 replies
In this case you have to be much better at finding and evaluating possible deals then the guy "buying" from you and you need a high trust factor from both parties.You may be referring to the people who tout somewhat convoluted stuff like creating an llc, making the offers in the name of an llc, then having a "buyer" buy the llc from you and he closes on the deal with his money.
Abel Vazquez
Being able to read a market.
19 January 2014 | 7 replies
Thank you @Andy Collins that was very helpful and I want to confirm that I am doing the correct things to evaluate the market.
Greg Braun
Glad to be in BP from Eau Claire, WI
1 March 2014 | 13 replies
I'm originally from Eau Claire myself but now live in Minneapolis and getting more and more into REI...Use BP and its users to evaluate deals and make sure the next investment isn't a bust.
Orion Walker
Pointers on getting a HELOC or Cash-Out Refi and prepping for an appraisal?
21 July 2014 | 2 replies
Sometimes there is not much you can do to get a better appraisal, its all up to the actual appraiser and how they evaluate your place based on other duplex comps and possibly using the GRM formula if they can do that.
Samantha M.
Zillow Trulia Merger is Apparently Happening - Agents to Become Irrelevant
20 August 2014 | 26 replies
I don't see this being an issue for Agentsinvestors i know and work with use other means of evaluating property and know not to trust this resources.until they fix the data they have i don't see them being able to sell property any time in the near future or ever for that matter