Mark Stephens
wholesaling what did you do first
23 October 2018 | 6 replies
Come up with a game plan, find a way to generate leads weather that be driving for dollars, buying lead list, direct mailing etc. then take action.
Patrick C.
Buyer Agency Contract
23 October 2018 | 2 replies
If "No" and it has to be for 1 year and for everywhere, then walk away (unless it's mandatory).The agreement is designed to designate the buyer as a "client" vs. being just a "customer."
Roger Gelpey
1031 exchange proceeds into tax deeds?
29 November 2019 | 13 replies
I wasn't sure because of the redemption periods and found no direct info on google.
Eric Telese
Repair list for seller, need advice!
23 October 2018 | 2 replies
Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)
Michael Minton
[Calc Review] Help me analyze this deal
24 October 2018 | 4 replies
-MikeView report*This link comes directly from our calculators, based on information input by the member who posted.
Jathin Reddy
Finding tenant buyers In California
21 October 2018 | 0 replies
Hello,This question may be more directed towards the rent to own area, but it does involve finding tenant buyers.
Eric Haskell
Single Family House Hack, Maine
21 October 2018 | 0 replies
After renting for a year to learn the growth direction in Manchester, I made multiple offers on SFH's.Cash out Refi's I was interested in doing to not have a large down payment in the property plus all the renovation costs.
Betsey Thompson
Vacation Renatls Advertising platforms
22 October 2018 | 12 replies
BetseyWe have listed our properties on Google Business .Since doing that, we are running about 50/50 of people coming directly to our web site and going through HomeAway ,VRBO or Trip Advisor or Flip KeyOur Season is almost 85% word of mouth. which really helps cut down booking fees.We have seen and been told that during season once guest find a place they book for the following year because if they don't they won't be able to get in.We have been doing this going on 3 seasons now, when we bought the place we inherited a couple of guest that have been staying on the property.
Luis Vaca
Equity- should I invest or buy
13 September 2018 | 5 replies
You will have negative cash flow and will only be able to rely on appreciation to profit....extremely risky.Additionally if plan A is a serious option for you then you are a very low risk investor and may want to reconsider directly investing in real estate and may be better off putting your money in a REIT.A investor, assuming they have the ability to move, would sell the CA property and move their money to where it can actually produce positive cash flow.
Brad Tarry
Funding a Self Directed IRA
1 October 2018 | 9 replies
Is it possible to roll a portion of the old 401k into a Self Directed IRA and roll the rest into my new employers 401K program?