Stephen N.
Question from experienced rehabbers about roofs
22 October 2011 | 8 replies
As Jon says, it can be done and was once standard practice.
Ariella Cohen
Home priced 15K over county assessmnet
21 October 2011 | 4 replies
Assessed value has nothing to do with market value or what you should pay.You are buying this property based off the income approach as an investment but generally single family properties use the comparable sales approach for valuation,lending,and appraisal purposes.Local recent sold comps would be a better gauge for current market value than looking at any assessment value.Now you do want to look at assessed value for property taxes.Fighting the property taxes and getting them reduced will improve your yearly bottom line.Make sure the cash flow of the property they are reporting does not include exemptions that do not apply to you or they have been putting off capital costs and maintenance to show and INFLATED NOI.
Darryl Dahlen
Legislation where foreigners can buy $500K of RE for a Visa.
22 October 2011 | 4 replies
While the principle is similar, the existing program (EB-5) is for commercial real estate only and is tied to job creation.This new legislation does not appear to have any job creation stipulations to it as it is geared to improving the residential real estate sales market.Personally, I think it's a great idea.
Bryan Hancock
Reg D Exemption In Jeopardy Using JVs To Capitalize Development Deals?
22 October 2011 | 11 replies
You never want to be caught "structuring" - that is bad and you will be looking over your shoulder forever wondering when a Grand Jury is thinking of looking into your practices.
Chris Clothier
Biggest Mistake for Real Estate Online Marketing
19 February 2012 | 16 replies
It doesn’t get any improved than this.”No need to tell who the company is because it doesn't matter - I see similar mistakes everyday with online marketing pieces from companies all over the country.
Ryan B.
Is the bank really giving me a good deal or am I missing something?
27 October 2011 | 7 replies
Ryan -- if the bank gives you credit for the net cash flow of the property (NOI minus P&I), which I assume is positive, then your DTI ratio should improve.
David Beard
Private Lending for Buy & Hold
10 November 2011 | 31 replies
An easy rate would be a couple points over the local bank CD rate, selected by the investor.When you start getting into improved values on properties held for sale, you can add interest equal to a shared appreciation amount to intice investors to go in to higher LTV properties flipped.
Danny R.
Opinions on pre-HUD (built prior to 1976) mobile homes
28 October 2011 | 3 replies
In rare cases they have been well taken care of and improved over the years, but still probably not worth moving.
Aaron Norris
Blog World Expo LA - November 2011
7 November 2011 | 5 replies
We managed to cut over 2 seconds off of the load time of every page on the blog -- a very significant improvement.
Jeff N.
Permanent Flat Panel TV Mounts
5 November 2011 | 8 replies
Maybe when its time to replace the studs (if they ever need replacing) you could also frame in a shelf (if it would be practical given your space) so that it wouldn't need to be addressed again.