Mike Flora
CAR contract and not having license
13 August 2015 | 9 replies
I submitted my original offer on and AIR form and received pushback from the listing broker.They didn't have an issue with us representing our sleeves but did request we resubmit the offer on the commercial CAR form.After multiple email exchanges I picked up the phone and essentially told them the buyer, and entity I control, had made an offer on the form of their choice and it was within the scope of their fiduciary duty to present that offer to the seller, in this case a local bank.I was told they could only work on CAR forms because it was a mandate from their principal broker, and "require by their E&O insurance carrier".I simply informed them that their broker did not have the option to mandate the type of offer a buyer could make, and E&O insurance doesn't cover contract type rather it covers professional conduct.Reluctantly they submitted to the bank.
Corey Dutton
Trader Finally Convicted in Manipulation of LIBOR
13 August 2015 | 0 replies
This fraud essentially undermines any previous confidence in the entire financial system.
John Miller
Taking a job as a home inspector as a first step toward real estate investing
16 January 2016 | 14 replies
So I did the 2nd interview a little over a week ago and the owner called me a couple days ago to set up a ride along which essentially is a 3rd interview I guess?
Jared Thomson
Newbie in Northern Virginia / DC
18 August 2015 | 6 replies
There is a lot of useful information on this site, so be sure to fill up on learning tools!
Abigail T.
New invester from Southern California
24 August 2015 | 31 replies
They are essentially wholesalers of retail inventory at retail prices.
Christopher Hunter
$10,000
20 August 2015 | 5 replies
I come form a construction background and will be offering my money as well as my skills, tools, and energy.
Jacob Dame
How People Acquire Over 10 Properties a Year
16 August 2015 | 9 replies
Lived in one bedroom, rented out the other 4, allowing him to essentially live rent free.
Michael Hence
New investor from Dallas, TX
15 August 2015 | 3 replies
The Ultimate Beginners Guide and the podcasts are invaluable starter tools.
Shawn Rana
Sell or hold/refi?
15 August 2015 | 0 replies
Here's the essentials:~900 sq.ft 2/2 condo w/in unit w/d - Mount Prospect, ILcurrent tenant signed a lease 8/1 - 7/31, just asked me if he could have out 10/1.$1150/month rent - about average for the area$67k left on a $73k loan @ 5.75%, appraises at around $90 (so 25% LTV) - $900 PITIcarpet will likely need to be replaced after this tenant leaves - had 2 large dogsall major appliances ~7 y/o and in good working orderI bought it in '09 - it was my first home purchase - and lived in it till summer of 2012.
Cliff Harrison
Rental Property #17 in South Kansas City
21 December 2015 | 9 replies
I'm excited about having this tool to use for future downpayments, future cash purchases, or use for rehab costs.That is all for this update - I'll post another after #18 at end of month.