Craig Kleffman
Converting Direct Mail Responses To Closed Wholesale Deals
30 December 2016 | 20 replies
* * * In sum, I often tend to think about things along their natural continuums.
Ken Teng
Mortgage rate rising, lower house price?
15 November 2016 | 3 replies
(Hint: I as a lender do not pick the property tax rate, I can only pick how honest I am about it)When rates go up a quarter, on top of having lied to someone by a quarter, the natural path of least resistance is to attribute the full ~0.5% difference to rates going up.I typically qualify people 0.25%-0.375% higher than where rates are currently at for their particular scenario, and I show all my qualifying math, so my peeps going into contract right now currently think I'm a wizard because I'm mostly still honoring what I "quoted" or relatively close to it (I actually never "quote" people at the preapproval stage, I only qualify them, because quotes at the preapproval stage don't mean squat, but I get that when someone sees a number with a % next to it in a big spreadsheet with a bunch of math going on, they think it's a "quote").
Christian Bors
New lead motivated seller, I need short sell advice
21 November 2016 | 18 replies
I'm sure years of acquired experience and natural skill have paid off well for you, I hope to be as well versed as you are on these specific topics amongst others one day.
Mike Lynch
What would you do with the money?
26 February 2017 | 28 replies
Save some dry powder for when you have already done a deal or 2 maybe with a partner or on a smaller scale and you are confident you know what your doing, at that point you will be ready to go all in.
Wilson Bunton
New Member from Dundee, MI
18 November 2016 | 8 replies
I have a real passion for real estate and currently own two properties, so naturally I would like to grow this aspect of my life and feel that initially I can maintain my full time gig while diving into investing.I would love to meet and network with other individuals in my area.
Allen Kim
Greetings everyone! This is Allen from Santa Clara, CA!
18 November 2016 | 3 replies
As I prepare getting married next year and consider long term wealth creation, I naturally started paying more attention to real estate as an investment tool.
Jim Cran
Flip #5 - Bay Village, OH
21 May 2017 | 15 replies
I will use this info to better calculate potential profit on future houses we consider for flipping.SCOPE: new floors, cabinets, countertops (quartz), 8ft island with butcher block and prep sink, relocate powder room, add laundry room w/ stacked washer/dryer, new driveway, new vinyl siding (removed brick facade on front of house), new furnace/ac, paint throughout, carpet bedrooms, minor updates in bathroom, new front windows, new roof, update fire places, new appliance suite, fixtures, new lighting, updated electrical, some gutter and drainage work, new concrete patio to replace existing pavers.I drew this floor plan using MS Visio.
Patrick Temple
Cooling vacation home zeal with sound financial thinking.
28 November 2016 | 1 reply
Constructing a small vacation rental at the site is a possibility we are beginning to investigate since it seems to match what we already do travel-wise and rental occupancy rates look favorable to property owners given the right circumstances.We already own a single family rental in our hometown that has been productive for us over 15 years, but the nature of a vacation rental is a different animal altogether.
Kevin Jorgensen
Rent 1st home to enter REI?
2 December 2016 | 31 replies
If we sold is the next natural question.My instinct is to begin in rental properties that aren't nearly as expensive as my current home.