Landen Ward
Critique my Lease Option example?
30 March 2013 | 47 replies
And I'll add that in some areas, the MLS is set up to allow for automatic mailing of active listings only, so sending expireds (they aren't active) might not be able to be set on automatic; so that might require the agent working for you to actually be active in doing the work (not as passive as the automatic mailings).
Antonio Johnson
First Deal Failed
25 March 2013 | 8 replies
Make sure you are clear on your minimum net yield AND/OR discount ot market so you don't get caught again.For example if you set a minimum of 13% net yield and 20% discount to market then you know you have a 90% chance of shifting it before closing.
Mark Forest
Tenant stay over past lease
8 June 2017 | 16 replies
I would remind them the lease automatically continues month to month if they do nothing.
Liz Brumer-Smith
Non-Performing Note Purchase Prices
3 May 2014 | 25 replies
It used to be, many moons ago that RE Values less than $20k were automatic zeros.
Joffrey Long
Hard Money Loans: What if the Music Stops ?
27 March 2013 | 9 replies
So, in my hard money practice, I have the issue as an investor (holding 75% of the portfolio myself or in my own pension fund) or the issue of a trust deed investment provider (25% of the trust deeds are owned by private investors.)Flippers are largely in and out, so they will usually sell before a major shift in the market, so where a lot of the readers here are flippers, this post was more directed to the group I feel is most affected by a declining real estate market - trust deed investors.
Corey Dutton
Hedge Fund Obtains $2.1 B Loan to Buy SFRs – Investors Pay Attention!
30 March 2013 | 40 replies
In 2012:$24,900 (+ $10K rehab) - 2 bedrooms, 1 bath, 2 car garage, $800/month$23,000 (+ $2K rehab) - 3 bedrooms, 1 bath, 2 car garage, $875/month$24,000 (+$15K rehab) - 4 bedrooms, 2 baths, no garage, $1100/monthThere are so many other properties out there around this price point but I am seeing some shift toward slightly higher prices.
Cory Rogers
Wholesale bandit signs
7 December 2018 | 42 replies
I am afraid that this slogan might lead to another of the 100 wholesalers gaining a lead, or maybe this slogan itself has been overused and people automatically assume it is some scam.
Marvin Cuffee
Contractors
1 April 2013 | 4 replies
As a buyer, I tend to automatically throw out any estimate that the wholesaler gave me... they're usually really, really wrong.
Clay Smith
80/20 30yr does it exist?
3 March 2015 | 24 replies
@Dustin Oaks,To make the @ work, do the following:Hold down the shift key and type @?
Account Closed
Comps and Appraisal confusion
13 February 2014 | 11 replies
I had a house close last June that I couldn't find any comps to support the value and felt sure that it would never appraised- rehabbed with all the bells and whistles- Well the appraiser went outside of the neighborhood even compared the house to other houses that weren't even similar and came up with the value and the house closed.The appraiser probably went for houses in similar condition to the tricked out house and probably didn't put the 230 house as a comp, it wasn't sold at the time so no way for them to say what it would sell for and they would have had to make too much of an adjustment if they used that comp.The thing is once you have a high value in the neighborhood then all other rehabs following that one now automatically have a comp even if the rehab was not as great as the original house.