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9 June 2024 | 7 replies
Hey Ben, we closed about 4 weeks ago- been doing cosmetic updates every weekend since then and should be ready for our first rental in October!
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8 June 2024 | 1 reply
We just put an offer in on a riverfront one bedroom cottage on a half acre property in Oregon that we expect to be accepted, here's how I plan on purchasing the property with less than the cost of an apartment rental deposit in SoCal:Purchase price is $330k as a FHA Primary Purchase with 3.5% down ($11,550) and a 2.5% ($8250) seller concession towards closing costs.
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12 June 2024 | 24 replies
I started in 1975 as an 18 yo CA real estate agent so like you right about 52 years at it..
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9 June 2024 | 9 replies
Often, I have borrowers make an LLC during underwriting so they can protect themselves post-closing.
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8 June 2024 | 0 replies
Started work with a family member who did not complete itHired new contractor Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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5 June 2024 | 2 replies
Say for instance I am wholesaling a property that I just got under contract today and on the contract,I put the closing date 30 days out.
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8 June 2024 | 3 replies
And only 1 of them is of a known brand (American Standard) and it's close to $700 and has a 1.28 GPF rate, which I don't like - prefer 1.6.
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5 June 2024 | 12 replies
For anonymity, could i use a company like zen business to be my registered agent and thus maintain anonymity?
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7 June 2024 | 5 replies
Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.With the above, I am able to quickly vet every new deal that comes my way and spend more time on the good ones.
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8 June 2024 | 21 replies
I am in similar boat as Carolyn, starting out in Detroit and looking for recommendations and contacts of realtors, property managers, insurance agents.