Neal Patel
Need Property Manager for Dayton, OH!
16 July 2024 | 6 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Steve Kontos
Real Estate Developers
16 July 2024 | 2 replies
We work on projects nationwide and I'm more than happy to jump on a call to discuss your project.
Glen Friedman
Fund That Flip (FTF) - 87% LOSS - be careful
16 July 2024 | 15 replies
@Carolyn Babiarz I am NO longer investing with Fund that Flip.
Lou Croce
Motivated Seller Leads?
15 July 2024 | 33 replies
By the time you get them, the property owners have already been overwelmed with phone calls from investors.
Saar Shoshani
Buying Foreclosures at Auction
20 July 2024 | 7 replies
I'm in miami dade county as a focus area only if you consider ground up but I'd pass on auctions because they are sight unseen most the time and it's all cash purchases typically. you have no control. in land development and real estate development you have full control of every part of the process. don't buy something 50 years old or 100 years old.
Dayton Bourassa
First 4 Unit Looking for Feedback
14 July 2024 | 13 replies
This is where I can not tend to maintenance, or emergency calls from tenants.
Kyle Kipka
Conventional loan investment property- PMI for life?!?
18 July 2024 | 3 replies
This was not unique to a specific lender but some made the process easier then others for sure.Anyway, I am now approaching 75% LTV (based on initial purchase price) for the last investment property with PMI so I reached out to start the process and was denied with no explanation.
Robert Zajac
New to Cleveland market! Out-of-state investor looking to learn and take action!
16 July 2024 | 34 replies
@Robert ZajacOne thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.
Kris Patel
18 Year Old First Time Wholesaler: I Have A Contract But Can't Sell, What To Do?
17 July 2024 | 1 reply
That's why it's not selling.In most markets, your Maximum Allowable Offer (MAO) to a seller should be no more than: MAO = (70% * ARV) - Repairs - Wholesale_Fee MAO = (0.7 * 290K) - 40K - Wholesale_Fee MAO = 203K - 40K - Wholesale_Fee MAO = 163K - Wholesale_Fee - OR - MAO + Wholesale_Fee = 163KSo, you'd need to get this under contract with the seller at under $163K to make any money at all as a wholesaler.At $200K you're NEVER going to get any interest from experienced rehabbers.This is also why you probably got no resistance or pushback from the seller.
Alexander Cameron
Avoid LeasingToBuy by John Jackson
14 July 2024 | 26 replies
He avoided their calls . . so they would call me.