16 May 2016 | 15 replies
I was just entering the industry in 2003 as a part time agent, so I just caught the tail end of this...and this is where the 90 day rule for FHA financing came from.
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20 May 2016 | 8 replies
When we calculated 3 years of expenses the actual rental rate is $ 9sq ft not even close to going rate in a class B building in our area and the cam charges are $7 sq ft yet there are individual electric meters for each suite.
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26 May 2016 | 10 replies
Because analyzing an individual investment thoroughly takes days, and there are hundreds of platforms.Having said that, while I've never personally invested in Acquire Real Estate, the quality of their deals does appear to be pretty impressive to me.
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1 June 2016 | 13 replies
As others have said an individual forms an entity (corporate or llc) for the purpose of limiting liability.
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17 May 2016 | 6 replies
I've contacted the land bank and they have agreed to set aside the judgement and allowed me to enter into an agreement to renovate the home and get it occupied in a reasonable time.
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18 May 2016 | 12 replies
You will get spreadsheet view, map view, individual listings, and all of the pictures for those listings.3. $10 a month I have a person who screens out properties that are listed every day looking for listings that are 70% below assessed values.
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18 May 2016 | 2 replies
Bring a general contractor with you to the property and let them teach you how to identify problems and opportunities for improvement to bring the property to its full value.Go down to Home Depot and other individual wholesale materials stores and get a list of prices for everything you might use on this flip and every future flip.Go to the professionals desk at Home Depot and ask about discounts for bulk items purchased.It takes practice and a lot of trial and error at first to perfect the techniques to estimate costs.
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24 May 2016 | 22 replies
The reason I like doing this instead of using a service like Mint is that instead of uploading my purchases at the end of the month and viewing how I did, this gives me a real time view in the middle of the month and I am personally entering the data, so I know the details more intimately.
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18 May 2016 | 2 replies
Networking with high net worth individuals and closing on great deals to offer solid returns to your investors is also key.
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7 December 2016 | 4 replies
Individual sellers often like to use their own lawyers.