22 February 2024 | 50 replies
My status as a licensed Broker and holder of a Ph.D. makes the situation all the more concerning.
16 May 2014 | 60 replies
I know you are a smart lady, but no matter how smart you are you can never know what a lien holder will accept to release a lien.
21 July 2014 | 5 replies
@Michael Quarles (very smart dude that runs YellowLetters.com) recently shared these criteria here in BP:My Top 10 for flipping equity1 - Absentee Out of State 40-100% equity SFR 3-5 Bedrooms 7 years ownership no Corp or Trust 2 - Absentee In State 40-100% equity SFR 3-5 Bedrooms 7 years ownership no Corp or trust 3 - Owner Occupied 40-100% equity SFR 3-5 Bedrooms 15 years ownership 65+ years old of deed holder 4 - Center of Influence 5 - Mortgage Late (Shortsale) 60-120 day late 6 - NOD (Shortsale) SRF 7 - Inherited 8 - Probate 9 - Expired (must also be on my equity list) 10 - FSBO (must also be on my equity list)/////The EQUITY filter (min. 40%) is really important if you are looking to "wholesale" deals.
29 April 2024 | 168 replies
(a) Can these other lien holders redeem the tax deed within 12 months and retain their interests in the pty?
13 October 2019 | 154 replies
I am not licensed, not a broker, but am an investor and financial interest holder.
25 February 2020 | 72 replies
You stuck as baggage holder of bad investment.- Financing Risk, get bad Interest from the banks.- House Risk and Rehab, Roof/leaks issues are everywhere, rehab are not done properly.- Tenant Risk, the tenant is not screened correctly or there's no tenant available- Property Management Risk, the PM is marking up the repairAlso, I notice a house rehabbed has different quality even from the same turnkey provider.
6 July 2022 | 7 replies
However, you will need to get your first mortgage holder to release the 60% of the land you need to split off.2.
16 July 2024 | 21 replies
S8 Challenges:1) Voucher holders not having funds for application fees or security deposits2) Tenants trashing properties, killing ROI3) Tenants not paying their portion of rent or utilities4) Tenants not cooperating with ongoing S8 requirements or inspectionsAlso, you stated in your initial post that you'd be buying turnkey rentals.
21 May 2024 | 48 replies
@Brian Kloft I can relate to those calls from new voucher holders that want to get out of the city. we get them all the time as we are also by the beach.
25 September 2024 | 32 replies
Quote from @Simon Ashbaugh: Hey Anna, Cleveland actually has a strong Section 8 market with high demand from voucher holders.