Don Konipol
Can Seller Financing Benefit the SELLER?
15 September 2024 | 11 replies
Bottom line - All hype, bs, misinterpretation, opinion bias, etc aside, sellers willing “owner finance” the sale of their property for one reason - and one reason only: They PERCEIVE that they are getting a higher price for their property by owner financing than by a cash (cash to them) sale.The “perceive” part is why buyers can sometimes structure terms ridiculously one sided in their favor - because some sellers are so focused on PRICE they become oblivious to anything else.It’s why I and numerous others have been able to structure 20 year owner financing loans at ZERO interest; why sellers have accepted “substitution of collateral” that gave them a lien on recreational land I had rather than their own income producing property; why sellers accept second position liens and allow buyers to obtain new first mortgages ahead of theirs (subordination), and why sellers always accept mortgages without my personal guarantee.I myself sell properties and provide owner financing to obtain a higher price.
Enrique Roth
Thoughts on adding an extra 1/2 bathroom
15 September 2024 | 15 replies
Even if the ARV is the same and the rent is the same, if adding an amenity will attract and keep better tenants longer you could still end up ahead.
Ian Stedman
Heloc to coventional loan
13 September 2024 | 12 replies
Make sure to plan ahead and speak to an investor friendly lender that can help you look ahead at potential roadblocks and how to avoid them or overcome them before getting your self into a sticky situation.
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
And heck - go ahead and keep what you have and try to salvage it so you're not bleeding.
Carmen Assang
Tenant asked me to pay her first month rent to move out
17 September 2024 | 38 replies
I would venture to say that it might be worth your time to pay the rent directly to the new landlord to get rid of a problem.I clicked post too soon.
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
@Jonathan MuellerThe joke landed enough for me to click!
Payvand Milani
Hi everyone :)
13 September 2024 | 23 replies
Really excited to learn more and to speak with those (most ideally who live near me with whom I could meet up in person, but definitely not a deal breaker) who are in a similar stage or perhaps just ahead of me, from whom I can learn and feel supported by as I venture into this new world.
Kyle Thomas
Seeking Advice on Starting My Dispositions Business in Raleigh, NC
12 September 2024 | 2 replies
I’m currently based in Denver, CO, but I’ll be relocating to Raleigh, NC in July 2025 to start working full-time as a disposition agent for New Western.Since I have some time before my move, I want to get a head start on building my business and positioning myself for success in Raleigh.
Saleh Riazi
My Experience Investing in Columbus OH.
15 September 2024 | 31 replies
If you were evicting due to non-payment then the tenant would be advised to apply for impact and then the government would pay for any past rent, late fees, and three months ahead.
Patricia Andriolo-Bull
Post disappeared - VRBO Terms of Service
11 September 2024 | 21 replies
So I came here, wrote out a response to you, clicked to post it, and got a message saying the entire post was removed.