Jason Arcuri
Innovative Advertising
27 December 2015 | 10 replies
@matt MI get what you're saying Matt, I'm just talking about new sorts of things people are doing or different versions of the old things that people are doing.
Andrew Martin
Insurance
7 April 2017 | 14 replies
It seems like this wall has sort of become a discussion between brokers representing multiple carriers and agents (state farm, farmers, etc) that only represent one company.
Lawrence Eddy
Investor friendly RE Attorney
19 May 2015 | 5 replies
I have a method that is sort of a trade secret that not very many people picked up on the forum post-oh well!
Justin Scurry
wholesaling
16 May 2015 | 4 replies
Before you go and spend hundreds and thousands (literally) of dollars you need to educate yourself on what sort of leads you are looking for.
Ibrahim Hughes
Rehab Journal: Joralemon St. Project (Ride Along)
27 November 2015 | 52 replies
Make sure you are uploading the right orientation of the image. also, you may want to resize the image to something smaller (>500px) since it may not fit to the screen. hope that helps!
Account Closed
"Cash" Confusion
17 May 2015 | 9 replies
Sometimes folks try to make it complicated by trying to equate some sort of financing with cash.When making cash offers you are expected to actually have that cash in a bank account with the same name as on the offer.
Account Closed
Rental Applicant Refuses to Provide Credit Bureau with his SS#
18 May 2015 | 11 replies
Jeremy, i simply don't want the liability of potentially being personally accused of 'id theft' and the likes of 'negligent enablement' thereof in today's highly litigious America where it seems like 50% americans are prescribed some sort of psychiatrics drugs and the other half on recreational ones; and the average civilian being practically a professional 'crisis actor'. frankly, and im not even kidding, 10-20 years ago it used to be that young adults wanted to be rock stars. now its practically like every one wants to be 'lawyer'?
Joe Conklin
Deal - Need Advice
17 May 2015 | 4 replies
I have private money lending at 6% that will fund the rehab and I want to ensure that I am calculating this correctly.Rent - Mortgage - Insurance - Tax - Vacancy(10%) - Maintenance(10%)1350 - 440 - 50 - 210 - 135 - 135 = + 380Cash on Cash return (initial):380x12 = 4,560 / 40,000 (down-payment + rehab) = 11.4%Cash on Cash return (after rehab and appraised at 120k) New Cash Flow using refinancing with 80/20 conventional:1350 - 530 - 50 - 210 - 135 - 135 = +290290x12 = 3480 (per year)Total Cash invested:Down Payment + Interest to Private Lender + Cost to refinance (4% of remaining principal) 24,000+1,200+ 3850 = 29,050New Cash on Cash: 3480 / 29050 = 11.9%Major concerns are not knowing which way the area is trending and not getting any sort of discount on the rehab.Any input would be greatly appreciated.
Ess Dee
Refinancing a balloon as a foreign investor
27 April 2018 | 11 replies
It looks like that is not easy neither for foreigners but I will sort it out.Thanks for advice Lucas.
Sarah Miller
Tenant thinks his lease was void when we bought the property
18 May 2015 | 14 replies
He is breaking his lease a month early and wants his security deposit back because he thinks that when we purchased the property that his lease was void, and NO his lease says nothing of the sort, he just thinks that's how things work.