Gaby Liu
How to be scrammed in Columbus Ohio on flipping houses
12 October 2020 | 5 replies
Sugar coating.At beginning of October ,She brought us a deal, 77k purchase price ,80k rehab and ARV 275k, she wanted 4 of us partner up on the deal, so we signed JV.we formed a LLC together ,Rene 50%, Me 49% ,S 1%.Ownership.And we use that LLC bought this house with hard money lender.Our LLC also signed JV with S&R LLC that we bring capital and they manage the project and we split the profit 3 ways. 66% S&R , Rene and I 33%.Rene and I paid 20k downpayment at closing with HML and 8k interest from October 2019 to August 2020 ( we paid off the loan 120k on August,2020 )From November 2019, Rene and I wired the first 15k cash to S&R’LLC ,And R started to take rehab money from our lender , our lender released total 68k to S&R LLC business bank account by march 2020.
Ryan Schwartz
Is broker charging too much commission?
14 October 2020 | 21 replies
If the seller is getting the BEST off possible from the listing agent who brought the best buyer and then negotiated the deal highest, it makes zero logical sense that agent should then be punished for that.
Kyle Stueven
How I got my first deal
10 October 2020 | 2 replies
Plus it helped that I whole heartedly trusted my friend who brought this deal to me.
Ron Skoletsky
Should I create a custom website if I'm using Prop Mgmt software
21 October 2020 | 11 replies
Your posts need to be reaching your audience's values.
Nathan Smith
Is college worth it ?
19 October 2020 | 153 replies
@Nathan Smith I think it's a really great post that you brought up this topic.
Charlene Stovin
Working Expired Listings
11 October 2020 | 1 reply
You search the county tax records and find the property owners on record, but it is obvious they are not living there (due to the house being empty)Question 2: In attempt to be as budget minded as possible, and not assume letters/cards are getting to their intended audience, is there a better way to find out current addresses for owners?
Pete Harper
Building installation Report on 12unit
12 October 2020 | 3 replies
Back in 1965 these did not exist and the building has not been brought up to current code.
Chris Muller
Mail out letter for targeting off market sellers
12 October 2020 | 1 reply
Hey everyoneWe are in a very active market, waiting for a deal on MLS just doesn’t happen often these days and have started the shift to direct mail-out campaigns to attract sellers before they are calling a realtor up - or heading into foreclosure etc.The target audiences are:-tired landlords who want out-owners who need to sell quick (moving etc)-owners who have money problems-owners who are willing to do a lease-option To date we have done the yellow letter - a “hand-written” note basically saying that we were in the area, interested in their home and not a realtor, with a basic call to action of call a phone number.From more experienced investors out there - what have you used and had success with?
Lloyd Segal
Economic Update (October 12, 2020)
17 October 2020 | 2 replies
Several trips between the Creamery and her evacuation camp, located six miles downhill, brought her goats, safe and sound but skittish, to a large, empty lot with water and solar power.
Owen Dashner
The Moldy Gold House
12 October 2020 | 0 replies
Purchase price: $163,000 Cash invested: $14,000 Sale price: $205,000 This was an off-market deal brought to us by a broker.